For sale
  • Price cut: $104K (9/19)
    $1,595,000

    965 N Summit Ave, Pasadena, CA 91103

    9beds
    6baths
    4,275sqft
    : 
    Multi Family
    Built in 1958
    -- sqft lot
    $1,585,000 Zestimate®
    $373/sqft
    $-- HOA

    What's special

    REDUCED by $104,000! 6 Units for sale in Prime Pasadena. One of the 2+1's units is vacant. Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & 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.
    127 days
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    345
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    12
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