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listing
1 of 10
Residential IncomeFor Sale
$1,926,000
965 N Summit Avenue
Pasadena, CA 91103
Listing Office: Compass
MLS: California Regional MLS (CRMLS)
9Beds
6Baths
4,275Sq Ft
Est. Mortgage
$10,042/mo

JUST REDUCED by $224,000! Looking for an investment with exceptional growth potential? This 6-unit apartment building in sought-after Pasadena offers an incredible opportunity to enhance your returns. Located in a prime area with a robust rental market, the property features under-market rents, providing approximately 30% upside potential. With light renovations, you can increase rents and boost property value. Additionally, the property allows for the addition of three ADUstwo detached and one partially attached to an existing structureoffering even more income potential. Pasadena's strong job market ensures a reliable tenant base, while the CAP rate will vary depending on the final property tax assessment. Don't miss this chance to invest in a high-demand location with room for significant value growth.

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Information courtesy of Compass is subject to verification and is not guaranteed.
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