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Travis Breton

travisbreton@gmail.com +1(866) 344-7473

Listed by Raymond Rodriguez, DRE #01402283 • Equity Union

$ 4,600,000

Est. payment | -/mo

0.72 Acres Lot

Save

$ 4,600,000

Est. payment | -/mo

Save

0.72 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26235935

Year Built 1921

Lot Size 0.723 Acres

Source California Regional MLS

Property Description

1685 N. Summit Avenue presents a 20-unit multifamily investment opportunity. The property contains approximately 11,808 square feet of building area on a combined approximately 31,514-square-foot site consisting of two parcels (APNs 5837-006-016 and 5837-006-002). Situated at the corner of Summit Avenue and Penn Street, this bungalow court community offers vintage Pasadena character, in-place income, and rental upside potential. The property features a uniform unit mix of twenty one-bedroom, one-bathroom residences, arranged as a combination of apartment flats and private bungalows. Property features updated interiors, washer and dryer hookups in every unit, individual hot water heaters, private rear yards, and 32 parking spaces. Additional improvements noted in the property setup include new roofs, vinyl windows, and new Siemens electrical main and sub-panels. Further enhancing the offering is a separate approximately 3,658-square-foot parcel (APN 5837-006-002), adding another element to the investment. Buyers should independently verify parcel boundaries, zoning, permitted uses, and any future development potential with the City of Pasadena. Located in Northwest Pasadena, the property is near Old Pasadena, the Playhouse District, the Rose Bowl, Arroyo Seco, and Washing

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Interior

Laundry Gas Hookup, 30

Exterior

Garage Spaces 32.0

Pool None

Building

Water District - Public

Others

Tax ID 5837006016

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(866) 344-7473

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1685 N Summit AVE Pasadena, CA 91103