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Off market
  • $1,330,100

    940 N Summit Ave, Pasadena, CA 91103

    6beds
    3baths
    1,826sqft
    MultiFamily
    Built in 1963
    -- sqft lot
    $1,330,100 Zestimate®
    $728/sqft
    $3,718 Estimated rent

    Home value

    $1,330,100

    $1.24M - $1.42M

    $3,718/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $3,718/mo

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    $3,718/mo

    Rent Zestimate®

    Refinance and save

    $8,356/mo

    Est. payment

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    $8,356/mo

    Est. payment

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    What's special

    We are proud to present the unique opportunity to own a turn-key 3-unit property located at 940 N Summit Avenue in Pasadena, California. The offering sits on a huge 10,017 SF lot with 1,826 SF of building area and is comprised of a great mix of all 2-bed/1-bath units.The property has been meticulously rehabbed throughout with a brand new roof, new landscaping, drip system, new a/c and heating, new kitchens, cabinets, stainless steel appliances, flooring, windows & doors, bathrooms, showers, etc.The property will be delivered with 2 vacant units that are completely rent ready allowing an investor to either owner-occupy or rent to tenants of their choosing at market rents. Since the property has less than 5 units, an investor can lock in a 30-year fixed-rate residential loan with today's very low interest rates (even more favorable if one chooses to owner occupy).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Cooling
    • Other
    Interior area
    • Total interior livable area: 1,826 sqft

    Property

    Parking
    • Total spaces: 3
    Lot
    • Size: 10,018 sqft
    Details
    • Additional structures: Other
    • Parcel number: 5729016016

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1963

    Community & neighborhood

    Location
    • Region: Pasadena

    Other

    Other facts
    • County: Los Angeles
    • PropertyType: Residential Income
    • SourceLivingArea: Vendor Enhanced
    • Equipment: Other
    • Cooling: Other
    • SourceLotSizeArea: Vendor Enhanced
    • Heating: Other
    • ParkingGarage: Other
    • SourceLotSizeDimensions: Other
    • ListingArea: Pasadena NW
    • ListingStatus: Pending
    • UnitTypeType: 2106, 2107, 2108
    • OtherStructures: Other

    Price history

    DateEventPrice
    5/21/2020Sold$1,225,000$671/sqft
    Source: CLAW #19524372
    3/4/2020Pending sale$1,225,000$671/sqft
    Source: Marcus & Millichap #19524372
    10/26/2019Listed for sale$1,225,000+99.2%$671/sqft
    Source: Marcus & Millichap #19524372
    7/1/2016Sold$615,000+29.5%$337/sqft
    Source: Public Record
    4/30/2011Listing removed$475,000$260/sqft
    Source: San Fernando Realty, Inc. #F1865153

    Public tax history

    YearProperty taxesTax assessment
    2025$780 +4.4%$1,339,713 +2%
    2024$747 +1.5%$1,313,445 +2%
    2023$736 +2.1%$1,287,692 +2%

    Find assessor info on the county website

    Neighborhood: North Central

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Los Angeles Unified School Dist

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,330,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,330,100