965 N Summit Avenue, Pasadena, CA 91103

Local realty services provided by:ERA Excel Realty
965 N Summit Avenue,Pasadena, CA 91103
$1,550,000
  • 9 Beds
  • 6 Baths
  • 4,275 sq. ft.
  • Multi-family
  • Active
Listed by: sam shakerchi
Office: compass
MLS#:25540149
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$362.57

About this home

REDUCED and ready to sell! 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.

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Home facts

  • Year built:1958
  • Listing ID #:25540149
  • Added:168 day(s) ago
  • Updated:November 15, 2025 at 03:20 PM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Living area:4,275 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:4,275 sq. ft.
  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$362.57
Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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