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965 N Summit AvenuePasadena, CA 91103

For Sale

$1,550,000

Smart Buyer Rebate $15,500

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.

Listed by Sam Shakerchi

·

License #01868195

·

Compass

·

310-525-0872

Last updated November 06, 2025

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Source: CRMLS #25540149

Listing Facts

  • TypeMulti-family
  • NeighborhoodGarfield Heights
  • Bedrooms9
  • Days on Prevu173
  • Size4,275 sqft
  • Price per sqft$363

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/30/2025
Price Decreased
$1,550,000
10/28/2025
Status changed to Active
$1,595,000
10/21/2025
Status changed to Removed from Feed
$1,595,000
10/18/2025
Status changed to Active
$1,595,000
10/16/2025
Status changed to Removed from Feed
$1,595,000
10/04/2025
Status changed to Active
$1,595,000
10/03/2025
Status changed to Removed from Feed
$1,595,000
09/19/2025
Price Decreased
$1,595,000
09/18/2025
Status changed to Active
$1,699,000
09/17/2025
Status changed to Removed from Feed
$1,699,000
09/12/2025
Status changed to Active
$1,699,000
09/05/2025
Status changed to Removed from Feed
$1,699,000
09/05/2025
Status changed to Active
$1,699,000
09/04/2025
Status changed to Removed from Feed
$1,699,000
07/24/2025
Status changed to Active
$1,699,000
07/23/2025
Status changed to Removed from Feed
$1,699,000
06/28/2025
Status changed to Active
$1,699,000
06/27/2025
Status changed to Removed from Feed
$1,699,000
05/30/2025
Listed by Compass
$1,699,000

Property Details for 965 N Summit Avenue

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1958

Measurements

  • Building Area Total: 4,275
  • Lot Size Acres: 0.27
  • Lot Size Area: 12,008
  • Lot Size Square Feet: 12,008
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $117,960.00

Taxes

  • Parcel Number: 5728003033

Interior

Features

  • Appliances: Refrigerator

Measurements

  • Living Area: 4,275

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 9

Parking

Parking

  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 12

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.