Investor's Dream Opportunity in Pasadena!BACK ON MARKET! BUYER CANNOT PERFORM! Discover endless potential with this 3-bedroom, 1-bathroom home nestled in a prime Pasadena neighborhood. It features a spacious backyard along with a classic California basement and attic for extra storage or potential expansion space. Impacted by a fire in June 2021, this property presents a unique opportunity for a bold investor with vision! Due to the current condition, this home is uninhabitable, making it a serious fixer-upper or an ideal teardown to create something new.This is an all-cash sale only and sold strictly 'as is'--no repairs will be made by the seller. Please respect the uninhabitable condition and refrain from visiting the property directly. The city of Pasadena has designated this property as RM-12 (Multi-Family Residential, Two Units Per Lot), presenting an incredible opportunity to maximize its investment potential. Investors can build additional units to significantly enhance the property's value and rental income. For homebuyers, it allows for the addition of another home, providing the option to live in one unit while renting out the other, further optimizing financial returns. Buyer/Investor to conduct their own due diligence regarding measurements, permits, and city compliance to address and satisfy their inquiries. If you're ready to take on a major project and unlock its value, this property is calling for you! DEADLINE TO SUBMIT OFFERS: 11/8/24, FRIDAY AT 6:00 PM. Send offers under 1 PDF file with POF to amyponce888@gmail.com. Thanks!
Sold for $650,000 on 11/22/24
Street View
Listing Provided by:
Amy Ponce DRE #01800793 626-449-5222,
Coldwell Banker Realty
$650,000
894 N Summit Ave, Pasadena, CA 91103
3beds
1,236sqft
Single Family Residence
Built in 1904
7,500 Square Feet Lot
$638,400 Zestimate®
$526/sqft
$4,538 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 10:30am
Listing Provided by:
Amy Ponce DRE #01800793 626-449-5222,
Coldwell Banker Realty
Bought with:
Romel Soltanian, DRE #01806757
The Art In Real Estate
Source: CRMLS,MLS#: P1-19747
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Features: All Bedrooms Down
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down, Attic
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,236 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 7,500 sqft
- Features: Sprinklers None
Details
- Parcel number: 5725012004
- Zoning: RM-12
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Pasadena
Other
Other facts
- Listing terms: Cash
Services availability
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Estimated market value
$638,400