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839 N Summit Ave

pasadena, CA 91103

$4,429,000

    Interested? Let's Connect

    Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena.
    5 units ready for immediate move in including 3 units fully remodeled 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. 3 of 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.

    Details

    8,902 Sq Ft

    0.3442 Private Acres Lot Size

    condo

    Built in 1989

    MLS/Listing ID OC25017098

    2 Stories

    14 Units

    Amenities & Features

    Parking - Covered

    Common Area

    Inside

    Laundry Room

    Balcony

    Heating - Electric

    Laminate

    Community - Urban

    Parking

    Parking - Community Structure

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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