965 N Summit Avenue
Pasadena, CA, 91103
$1,699,000
Beds
0 Baths
SqFt
0.28 Acres
Add
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.

Property Details

Price:
$1,699,000
MLS #:
25540149
Status:
Active
Baths:
0
Address:
965 N Summit Avenue
Type:
Residential Income
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
May 30, 2025
State:
CA
ZIP:
91103
Lot Size:
12,008 sqft / 0.28 acres (approx)
Year Built:
1958
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