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$4,429,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 839 N Summit Ave

General

  • Price: $4,429,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC25017098
  • Updated: 9/23/2025
  • Days on Market: 339 days
  • Added to Site: 339 day(s) ago

Interior

  • Rooms/Areas: Living Room
  • Interior Features: Living Room Balcony
  • Fireplace(s): None
  • Appliances: None
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Common Area, Community, Individual Room, Inside

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Community Structure, Covered
  • Parking: Community Structure, Covered

Location

  • Area: 645 - Pasadena (NW)
  • County: Los Angeles
  • Development Name: 645 - Pasadena (NW)
  • Driving Directions: 210 freeway to N Marengo, left on painter, right on Summit

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Electric Meters: 14

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 8,902
  • Year Built: 1989

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 13

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3442
  • Lot Size (Sq. Ft.): 14,992
  • Lot Size Source: Assessor
  • Zoning: PSR1

Financial Considerations

  • Price Per Sq. Ft.: $497.53
  • Price Per Unit: 316357

Listed by Wind Water, Inc, Jeremy Noel

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Listing agent

— 839 N Summit Ave —

  • Jeremy Noel

    Wind Water, Inc

949-423-9800

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 839 N Summit Ave

School District:Pasadena Unified School District
NameGradesDistance
Octavia E. Butler Magnet School
1505 North Marengo Avenue, Pasadena, CA 91103
6-80.8 mi
John Muir High School
1905 N. Lincoln Ave., Pasadena, CA 91103
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 839 N Summit Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2025
Listed
$4,429,000
16.55%
MLS
3/09/2022
Sold
$3,800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 839 N Summit Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$48,594
6%
$4,040,199
4%
2023
$46,058
38%
$3,883,610
39%
2022
$33,468
4%
$2,796,406
2%
2021
$32,113
4%
$2,741,724
1%
2020
$30,873
—
$2,713,690
2%
2019
$30,940
-2%
$2,653,020
2%
2018
$31,438
-7%
$2,601,000
2%
2017
$33,650
42%
$2,550,000
34%
2016
$23,720
1%
$1,901,549
2%
2015
$23,453
2%
$1,872,987
2%
2014
$23,046
—
$1,836,299
—
2013
$23,038
—
$1,828,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Wind Water, Inc, Jeremy Noel

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839 N Summit Avenue, Pasadena, CA 91103 (MLS# OC25017098) is a Multi-Family property with 14 units containing 0 bedrooms and 0 full bathrooms. 839 N Summit Avenue is currently listed for $4,429,000 and was received on February 12, 2025. Want to learn more about 839 N Summit Avenue? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

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