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965 N Summit Ave
Pasadena CA 91103 US

$1,595,000

Active Listing ID 25540149
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9 bed
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Lot: 0.28 Acres
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Other

$1,595,000

Active Listing ID 25540149
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965 N Summit Ave 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.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Multi Units, Window Unit(s)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1595000
  • unparsedaddress: 965 N Summit Ave
  • postalcity: Pasadena
  • stateorprovince: CA
  • country: US
  • postalcode: 91103
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2757
  • lotsizeunits: Acres
  • lotsizearea: 0.2757
  • livingarea: 4275
  • livingareaunits: Square Feet
  • listagentfullname: Sam Shakerchi
  • listagentemail: samshakerchi@gmail.com
  • listagentkey: 3yd-CLAWCA-X94991
  • listagentmlsid: X94991
  • listagentpreferredphone: 3102305478
  • listagentofficephone: 3102305478
  • listofficekey: 3yd-CLAWCA-X81461
  • listofficemlsid: X81461
  • disclaimer: Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1958
  • listingcontractdate: 2025-05-30
  • listagenturl: https://www.compass.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5728-003-033
  • cooling: Multi Units, Window Unit(s)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 12
  • parkingfeatures: Carport
  • waterfrontyn: False
  • architecturalstyle: Bungalow
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"samshakerchi@gmail.com", "ListBrokerageCity":"Los Angeles", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"90212", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9454 Wilshire Blvd. #400", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"9454 Wilshire Blvd.", "ListOfficeAddress2":"Suite 400", "ListOfficeBrokerMlsId":"X71023", "ListOfficeCity":"Beverly Hills", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"90212", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"California Bungalow, Residential Income - Pasadena, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/965-N-Summit-Ave_Pasadena_CA_91103_M19042-88488?f=listhub&s=CLAWCA&m=25540149&c=rexren", "MLSModificationTimestamp":"2025-09-18T18:49:04Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/19/2025 4:02:02 AM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Sam Shakerchi, Compass, samshakerchi@gmail.com

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.