965 N Summit Avenue Pasadena, CA $ 1,550,000
965 N Summit Avenue
$ 1,550,000
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965 N Summit Avenue

Pasadena, CA, 91103
$ 1,550,000
Bedrooms9 Baths1.0 Sq 4,275

Monthly Estimate*

$ 9,670

Listed by Compass
965 N Summit Avenue, Pasadena, CA 91103 - Image 1
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Multi-Family Home for sale in Pasadena, CA

for $1,550,000 with 9 bedrooms and 1 full bath. This 4,275 square foot home was built in 1958 on a lot size of 0.2757.

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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Multi-Family Pending

Price

$ 1,550,000

Bedrooms

9

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2757

Year Built

1958

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

25540149

Days on Market

209

Features
General
Living Area 4275
Appliances Refrigerator
Zoning PSR1
Year Built 1958
Stories Count 1
Levels One
Gross Income 117960
County Los Angeles
Net Operating Income 99288
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Pending
Directions Summit north of Mountain
City Pasadena
Disclosures Seller Disclosure
Senior Community Y/N false
Number Of Units Total 6
MLS Area 645 - Pasadena (NW)
Lot Size Units Square Feet
Lot Size Square Feet 12008
Carport Y/N true
Standard Status Pending
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Interior
Total Stories 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 9
Total Baths 6
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Exterior
Parking Features Carport
Total Parking 12
Lot Size Area 12008
Number of Buildings 2
Building Area Total 4275
Lot Size Acres 0.2757
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* Excluded Features
List By
Compass

Broker

samshakerchi@gmail.com

Email

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$9,670
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Monthly Principal & Interest
$9,670
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,550,000 Listed Price

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965 N 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 0.2757. 965 N Summit Avenue has 9 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 91103 which is in Pasadena, CA