826 N Summit Ave, Pasadena, CA 91103
826 N Summit Ave, Pasadena, CA 91103
826 N Summit Ave, Pasadena, CA 91103
8
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$1,125,000
Est. payment /mo
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7 Beds
4 Baths
3,658 SqFt
New

826 N Summit Ave Pasadena, CA 91103

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,658 sqft

Price per Sqft $307

MLS Listing ID 26724181

Bedrooms 7

Year Built 1956

Lot Size 0.276 Acres

Acres 0.2758

Property Sub-Type Multi-Family

Property Description

We are pleased to present a five (5) unit apartment building located at 826 N Summit Ave in Pasadena, California. The subject property is located in a prime Pasadena location, north of Orange Grove Blvd and east of Fair Oaks Ave. Located in a prime Pasadena location, the property features a desirable unit mix of three one-bedroom and two two-bedroom units, all within a unique single-story layout comprised of one standalone cottage and two duplex-style structures. The asset is separately metered for gas and electricity and offers on-site parking for tenants. Investors benefit from approximately 45% rental upside potential, presenting a strong value add opportunity. The property offers dominant access to key commercial corridors including Fair Oaks Ave, Orange Grove Blvd, Mountain St, and Los Robles Ave, along with convenient proximity to the Metro A Line. Immediate access to the 210, 134, and 110 freeways enhances connectivity, while nearby Old Town Pasadena and surrounding amenities provide strong tenant appeal. Altogether, the property presents a compelling investment opportunity driven by significant rental upside, strong underlying fundamentals, solid initial cash flow, and a highly sought-after Pasadena location that supports long-term growth and stability.

Location

State CA

County Los Angeles

Area Pasadena Nw

Zoning PSR1

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Driveway

Building

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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826 N Summit Ave