965 N Summit Avenue, Pasadena, CA 91103
Property
Sold December 2025
Listing Agent: Sam Shakerchi (DRE #01868195) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Kenneth So · Moon Realty · MLS #25540149 · Source: CRMLS
About this property
REDUCED and ready to sell! 6 Units for sale in Prime Pasadena. One of the 2+1's units is vacant. Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & 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.
Listing description from the December 2025 sale, as reported to CRMLS.
Sale history