Listing provided courtesy of Sam Shakerchi of Compass. Last updated 2025-08-27 08:11:33.000000. Listing information © 2025 CLAW.
Asking Price: $1,699,000
965 Summit, Pasadena CA 91103
Community: 645 - Pasadena (NW)
This property was built in 1958 and is priced at $1,699,000. Please see the additional details below.
6 Units for sale in Prime Pasadena. One of the 2+1's units will be delivered vacant at COE . 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.
