6 Units for sale in Prime Pasadena. One of the 2+1's units will be delivered vacant at COE . 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.
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
- 80 days
- on Zillow |
- 206 |
- 14 |
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