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
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License #01868195
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Compass
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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.
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.