Homes for sale - 965 N Summit AVE, Pasadena, CA 91103

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Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 1,595,000

Est. payment | -/mo

9 Beds

6 Baths

4,275 SqFt

Save

$ 1,595,000

Est. payment | -/mo

Save

9 Beds

6 Baths

4,275 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,275 sqft

Price per Sqft $373

MLS Listing ID 25540149

Bedrooms 9

HOA Y/N No

Year Built 1958

Lot Size 0.276 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Zoning PSR1

Interior

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Carport

Total Parking Spaces 12

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5728003033

Special Listing Condition Standard

Listed by Sam Shakerchi Compass

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

965 N Summit AVE Pasadena, CA 91103