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965 N Summit Avenue
USD 1,699,000
Property ID: 25540149
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965 N Summit Avenue ,91103
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icon 12008 SqFt
icon Built in 1958
icon USD 141/SqFt
icon 9 Beds
icon 6 Full
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Location
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Interior Details
Bedrooms
9
Bathrooms
6
Interior Size
4275
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1958
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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965 N Summit Avenue
USD 1,699,000 9 Beds
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