Homes for sale - 839 N Summit AVE, Pasadena, CA 91103

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Jeremy Noel • Wind Water, Inc

$4,429,000

Est. payment - /mo

0.34 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC25017098

Year Built 1989

Lot Size 0.344 Acres

Source California Regional MLS

Property Description

Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 units ready for immediate move in including 3 units fully remodeled and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, each 1-bedroom, 1-bath. 3 of these vacant units have been fully renovated, boasting new floors, fresh paint, updated kitchens, and modern bathrooms allowing the new owner the flexibility to choose and put their own tenants in place right away.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Rooms

Kitchen None

Interior

Heating Electric

Cooling None

Flooring Laminate

Laundry In Laundry Room, Laundry Area, Other, Washer/Dryer - Leased, Community Facility

Exterior

Parking Features Common Parking - Shared, Covered Parking

Pool None

Building

Water District - Public

Others

Tax ID 5725011017

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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839 N Summit AVE Pasadena, CA 91103

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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