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For sale
  • $1,699,000

    965 N Summit Ave, Pasadena, CA 91103

    9beds
    6baths
    4,275sqft
    : 
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $397/sqft
    $-- HOA

    What's special

    965 N Summit is 6 Units for sale in Prime Pasadena. There are 2 Buildings consisting of 3 units per building. Both of those buildings sit on a very large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: (3) 2 bed / 1 bath, (3) 1 bed / 1 bath and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 20 - 30% upside to be had. Located in a strong rental area near transit, amenities, and the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9...Add units. Raise rents. Build equity.
    68 days
    on Zillow
    |
    219
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 06, 2025 at 05:06pm

    Listed by:

    Sam Shakerchi DRE # 01868195 310-525-0872,

    Compass 310-230-5478

    Source: CLAW,MLS#: 25540149MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 965 N Summit Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • Other
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range/Oven, Refrigerator
    Interior area
    • Total structure area: 4,275
    • Total interior livable area: 4,275 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.28 Acres
    Details
    • Additional structures: None
    • Parcel number: 5728003033
    • Zoning: PSR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: California Bungalow
    • Property subtype: Multi Family
    Condition
    • Year built: 1958

    Community & HOA

    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $397/sqft
    • Tax assessed value: $470,685
    • Annual tax amount: $6,735
    • Date on market: 5/30/2025
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