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(323) 864-4211
Linda Roth Burrell
965 N Summit Ave, Pasadena, CA 91103
- $1,512,000
- 9
- BD
- 6
- BA
- 4,275
- SqFt
- Sold Price
- $1,512,000
- List Price
- $1,550,000
- Closing Date
- Dec 31, 2025
- MLS#
- 25540149
- Year Built
- 1958
- Bedrooms
- 9
- Bathrooms
- 6
- Living Sq. Ft
- 4,275
- Lot Size
- 12,008
- Days on Market
- 198
- Property Type
- Multifamily
- Style
- California Bungalow
- Stories
- 1
Property Description
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.
Additional Information
- Other Buildings
- None
- Heat
- Other
- Cooling
- Window Unit(s)
- Number of Cars in Garage
- Carport
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Courtesy of Compass, Sam Shakerchi - CA DRE#01868195 Selling Office: .
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