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$1,512,000

  • Sold
  • Closed
  • Multi-Family
  • 9 Total Beds
  • Updated 3 days ago
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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.

Full Property Details for 965 N Summit Ave

General

  • Sold For: $1,512,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25540149
  • Added to Site: 231 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Other Features: None

Parking

  • Garage Description: Carport

Location

  • Area: Pasadena NW
  • County: Los Angeles
  • Driving Directions: Summit, north of Mountain

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Other

Structural Information

  • # Buildings: 2
  • Architectural Style: California Bungalow
  • Stories/Levels: 1
  • Square Feet: 4,275
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1958
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2757
  • Lot Size: 12008
  • Lot Size Source: Vendor Enhanced
  • Zoning: PSR1

Financial Considerations

  • Price Per Sq. Ft.: $362.57
  • Assessment Year: 1958

Disclosures and Reports

  • Disclosures/Reports: As Is, Property Report
  • APN: 5728-003-033

Listed by Compass, Sam Shakerchi
Sold by Moon Realty, Kenneth So

Listing agent

— 965 N Summit Ave —

  • Sam Shakerchi

    Compass

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 965 N Summit Ave

School District:Pasadena Unified School District
NameGradesDistance
Washington Accelerated Elementary School
1520 North Raymond Avenue, Pasadena, CA 91103
K-50.7 mi
Octavia E. Butler Magnet School
1505 North Marengo Avenue, Pasadena, CA 91103
6-80.7 mi
John Muir High School
1905 N. Lincoln Ave., Pasadena, CA 91103
9-121.3 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 965 N Summit Ave

Date
Details
Price
Change
Source
12/31/2025
Sold
$1,512,000
-2.45%
MLS
10/30/2025
Price Reduced
$1,550,000
-2.82%
MLS
9/18/2025
Price Reduced
$1,595,000
-6.12%
MLS
5/30/2025
Listed
$1,699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Compass, Sam Shakerchi
Sold by Moon Realty, Kenneth So

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965 N Summit Ave, Pasadena, CA 91103 (MLS# 25540149) is a Multi-Family property that was sold at $1,512,000 on December 31, 2025. Want to learn more about 965 N Summit Ave? 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.