839 N Summit Avenue, Pasadena, CA 91103

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Property Description

Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 remodeled units ready for immediate move in 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. 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.


Interior Features

Laundry Information
Location(s) Common Area, Inside, Laundry Room
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Laminate
Interior Information
Features Balcony
Cooling Type None
Heating Type Electric

Listing Information

Address 839 N Summit Avenue
City Pasadena
State CA
Zip 91103
County Los Angeles
Listing Agent Jeremy Noel DRE #01946342
Courtesy Of Wind Water, Inc
List Price $4,429,000
Status Active
Type Residential Income
Subtype Condominium
Structure Size N/A
Lot Size 14,992
Year Built 1989

Listing information courtesy of: Jeremy Noel, Wind Water, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 20th, 2025 at 10:11 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.