839 N Summit Ave

Pasadena CA 91103

14992 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

6 bedrooms

4 bathrooms

14992 sq. ft. lot size

Multi-Family

Property history for 839 N Summit Ave

2022

Sold

$3,800,000

02 Jun 2022 by Gary Tolfa, of Triqor Group

2012

Sold

$705,320

16 Nov 2012

Happy sellers in Pasadena

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Local market activity for 6 bedroom multi families in Pasadena

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Jeremy Noel

at Wind Water Realty, Inc

View listing

Sales:: (619) 566-0008

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