Property Photo: 940 N Summit Avenue CA 91103

Listing Courtesy of: CRMLS / Marcus & Millichap / Filip Niculete

940 N Summit Avenue Pasadena, CA 91103

Sold (130 Days)

$1,225,000

BED

BATH

1,826

SQFT

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Description

We are proud to present the unique opportunity to own a turn-key 3-unit property located at 940 N Summit Avenue in Pasadena, California. The offering sits on a huge 10,017 SF lot with 1,826 SF of building area and is comprised of a great mix of all 2-bed/1-bath units.The property has been meticulously rehabbed throughout with a brand new roof, new landscaping, drip system, new a/c and heating, new kitchens, cabinets, stainless steel appliances, flooring, windows & doors, bathrooms, showers, etc.The property will be delivered with 2 vacant units that are completely rent ready allowing an investor to either owner-occupy or rent to tenants of their choosing at market rents. Since the property has less than 5 units, an investor can lock in a 30-year fixed-rate residential loan with today's very low interest rates (even more favorable if one chooses to owner occupy).

MLS #:
19524372

Lot Size
10,018 SQFT

Type
Multifamily

Year Built
1963

County
Los Angeles County

Listed By

Filip Niculete, Marcus & Millichap

Bought with
Todd McIntosh, Coldwell Banker Realty

Source
CRMLS
Last checked May 11 2025 at 4:59 PM GMT+0000

Bathroom Details

Living Area

1,826 sqft

Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.