965 North Summit Avenue Pasadena, CA ^$ 1,550,000

965 North Summit Avenue

^$ 1,550,000

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965 North Summit Avenue

Pasadena, CA, 91103

^$ 1,550,000

Studio Baths0.0 Sq 4,275

Monthly Estimate*

^$ 9,670

965 North Summit Avenue, Pasadena, CA 91103 - Image 1

965 North Summit Avenue, Pasadena, CA 91103 - Image 2

965 North Summit Avenue, Pasadena, CA 91103 - Image 3

965 North Summit Avenue, Pasadena, CA 91103 - Image 4

965 North Summit Avenue, Pasadena, CA 91103 - Image 5

965 North Summit Avenue, Pasadena, CA 91103 - Image 6

965 North Summit Avenue, Pasadena, CA 91103 - Image 7

965 North Summit Avenue, Pasadena, CA 91103 - Image 8

965 North Summit Avenue, Pasadena, CA 91103 - Image 9

965 North Summit Avenue, Pasadena, CA 91103 - Image 10

Studio

Multi-Family Home for sale in Pasadena, CA

for $1,550,000. This 4,275 square foot home was built in 1958 on a lot size of 0.28.

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.

Multi-Family Pending

Price

^$ 1,550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.28

Year Built

1958

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

0025540149

Features

General

Living Area 4275.0

Zoning PSR1

Year Built 1958

Levels One

County Los Angeles

Net Operating Income 99288.0

New Construction No

Property Type C

HOA No

Status Pending

City Pasadena

Senior Community Y/N No

MLS Area 645 - Pasadena NW

Lot Size Units Square Feet

Lot Size Square Feet 12008.0

Standard Status Pending

Interior

Kitchen Appliances Refrigerator

Total Stories 1

Total Baths 0

Exterior

Parking Features Carport

Lot Size Area 12008.0

Pool Y/N? Yes

Building Area Total 4275.0

Lot Size Acres 0.28

Land Lease Type Fee

* Excluded Features

List By

Sam Shakerchi

Listing Agent

Compass

Broker

Affordability Calculator

$9,670

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Monthly Principal & Interest: $9,670
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,734,729

Percent of Sale Price 76%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2025	$1,550,000	-2.82%	Price Down
9/19/2025	$1,595,000	-6.12%	Price Down
5/30/2025	$1,699,000		Listed Price

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965 North Summit Avenue, Pasadena, CA, 91103 is a Multi-Family Home for sale at $1,550,000 with 4,275 sqft and a lot size of 0.28. 965 North Summit Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 91103 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/16/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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965 North Summit Avenue

Multi-Family Home for sale in Pasadena, CA

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