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839 N Summit AvenuePasadena, CA 91103

For Sale

$4,429,000

Smart Buyer Rebate $44,290

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.

Listed by Jeremy Noel

·

License #01946342

·

Wind Water, Inc

·

949-423-9800

Last updated September 23, 2025

·

Source: CRMLS #OC25017098

Listing Facts

  • TypeMulti-family
  • NeighborhoodVilla Parke
  • Days on Prevu280

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$4,429,000
10/22/2025
Status changed to Removed from Feed
$4,429,000
10/17/2025
Status changed to Active
$4,429,000
10/16/2025
Status changed to Removed from Feed
$4,429,000
10/04/2025
Status changed to Active
$4,429,000
10/03/2025
Status changed to Removed from Feed
$4,429,000
09/20/2025
Status changed to Active
$4,429,000
09/19/2025
Status changed to Removed from Feed
$4,429,000
09/18/2025
Status changed to Active
$4,429,000
09/16/2025
Status changed to Removed from Feed
$4,429,000
09/16/2025
Status changed to Active
$4,429,000
09/14/2025
Status changed to Removed from Feed
$4,429,000
09/13/2025
Status changed to Active
$4,429,000
09/12/2025
Status changed to Removed from Feed
$4,429,000
09/12/2025
Status changed to Active
$4,429,000
09/05/2025
Status changed to Removed from Feed
$4,429,000
09/04/2025
Status changed to Active
$4,429,000
09/03/2025
Status changed to Removed from Feed
$4,429,000
09/02/2025
Status changed to Active
$4,429,000
09/01/2025
Status changed to Removed from Feed
$4,429,000
08/31/2025
Status changed to Active
$4,429,000
08/28/2025
Status changed to Removed from Feed
$4,429,000
07/24/2025
Status changed to Active
$4,429,000
07/23/2025
Status changed to Removed from Feed
$4,429,000
06/28/2025
Status changed to Active
$4,429,000
06/27/2025
Status changed to Removed from Feed
$4,429,000
02/28/2025
Status changed to Active
$4,429,000
02/27/2025
Status changed to Removed from Feed
$4,429,000
02/12/2025
Listed by Wind Water, Inc
$4,429,000

Property Details for 839 N Summit Avenue

Association

Amenities

  • Community Features: Urban

Exterior

Construction

  • Number Of Units Total: 14
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 1
  • Year Built: 1989
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 8,902
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.34
  • Lot Size Area: 14,992
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 14,992
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.6
  • Gross Income: $182,952.00
  • Operating Expense: $67,800.00

Taxes

  • Parcel Number: 5725011017

Interior

Features

  • Flooring: Laminate
  • Interior Features: Balcony

Other

Features

  • Accessibility Features: Parking

Location

  • Tax Block: U
  • Tax Lot: 54

Parking

Parking

  • Parking Features: Covered, Community Structure

Utilities

Equipment

  • Electric: Electricity - On Property
  • Heating: Electric
  • Has Heating: Yes
  • Laundry Features: Common Area, Inside, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.