$1,699,000
9 Bed
6 Bath
4,275
0.28 Acre Lot

965 N Summit Avenue, Pasadena, California 91103

  • Residential Income Property Type
  • 4,275 Square Footage
  • Carport Cars Garage
  • 1958 Year Built
Property Description

965 N Summit is 6 Units for sale in Prime Pasadena. There are 2 Buildings consisting of 3 units per building. Both of those buildings sit on a very large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: (3) 2 bed / 1 bath, (3) 1 bed / 1 bath and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there’s about 20 – 30% upside to be had. Located in a strong rental area near transit, amenities, and 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…Add units. Raise rents. Build equity.

Basic Details
Residential Income
For Sale
25540149
$1,699,000
9
6
4,275
1958
0.28 Acre
Active
Features
: Carport
$0
Appliances
: Refrigerator
Address Map
CA
Los Angeles
Pasadena
91103
Summit
965
Avenue
Summit, north of Mountain
645 - Pasadena (NW)
N
PSR1
Additional Information
$0
$0
$0
$0
$0
4275
: One
6
2025-05-30
1
1
Broker/Agent Information
Compass
Sam Shakerchi
Listing Information
CLW-X94991
CLW-X81461
Active
2025-06-07T12:21:22Z
CRMLS
: Standard
2025-05-30T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069