839 N Summit Avenue, Pasadena, CA 91103
-
Listed Price :
$4,429,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1989
Property Description
Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena.
5 remodeled units ready for immediate move in 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. 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.
Interior Features
Laundry Information |
Location(s) |
Common Area, Inside, Laundry Room |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Laminate |
Interior Information |
Features |
Balcony |
Cooling Type |
None |
Heating Type |
Electric |
Listing Information
Address |
839 N Summit Avenue |
City |
Pasadena |
State |
CA |
Zip |
91103 |
County |
Los Angeles |
Listing Agent |
Jeremy Noel DRE #01946342 |
Courtesy Of |
Wind Water, Inc |
List Price |
$4,429,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Condominium |
Structure Size |
N/A |
Lot Size |
14,992 |
Year Built |
1989 |
Listing information courtesy of: Jeremy Noel, Wind Water, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 20th, 2025 at 10:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.