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965 N Summit Avenue Pasadena, CA 91103
$1,699,000 9 beds, 6 baths
4, 275 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25540149
List price is $1,699,000
Beds: 9
Baths: 6
Built in 1958
4,275 sqft
1 story
0.28 acres
Lot size: 0.2757
County: Los Angeles
Zoning: PSR1
Appliances: Refrigerator
Parking description: Carport
MLS area: 645 - Pasadena (NW)

Last Updated: 6/7/2025

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This listing belongs to the 645 - Pasadena (NW) MLS area

Lat/Long: 34.162557, -118.148031.
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Listing Agent: Sam Shakerchi
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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