965 N Summit is 6 Units for sale in Prime Pasadena. There are 2 Buildings consisting of 3 units per building. Both of those buildings sit on a very large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: (3) 2 bed / 1 bath, (3) 1 bed / 1 bath and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 20 - 30% upside to be had. Located in a strong rental area near transit, amenities, and 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...Add units. Raise rents. Build equity.
Days on market: 8
Listing updated: June 07, 2025 - 12:22:06
Listed by: Sam Shakerchi DRE #01868195 310-230-5478, Compass - Beverly Hills/Greater LA
Source: Beverly Hills/Greater LA, MLS#: CLW-X81461 Originating MLS: CRMLS
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