839 N Summit Avenue, Pasadena CA, 91103

Active

839 N Summit Avenue

Pasadena CA, 91103

$4,429,000

$497.53 per sqft

Active

8,902 sqft

Condos

Built in 1989

Listed by Jeremy Noel with Wind Water, Inc 949-423-9800

Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena.
5 remodeled units ready for immediate move in 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. 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.

OC25017098

MLSⓇ ID

February 12, 2025

Listed

February 14, 2025

Updated

Interior Features

Total Stories: 2
Interior Features: Balcony
Laundry Description: Common Area, Inside, Laundry Room
Floor Description: Laminate
Fireplace: No
Fireplace Description: None
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Electric

Exterior/Building Features

Lot Size: 0.34 Acres
Sewer: Public Sewer

Other Property Details

Area Name: 645 - Pasadena (NW)
Days on Market: 1
Accessibility: Parking
Garage: No
Parking: Covered, Community Structure
Parking Total: 0
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Utilities: Sewer Connected
Zoning: PSR1

Listing Contact: 949-231-5022

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 2/14/2025 at 11:11 AM UTC