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.
For sale
$1,699,000
965 N Summit Ave, Pasadena, CA 91103
9beds
6baths
4,275sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$397/sqft
$-- HOA
What's special
- 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#: 25540149

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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