Pasadena, CA 91103,940 N SUMMIT AVE
Pasadena, CA 91103,940 N SUMMIT AVE
Pasadena, CA 91103,940 N SUMMIT AVE
$1,225,000
Est. payment /mo
$1,225,000
Est.Price: ?

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6 Beds
3 Baths
1,826 SqFt
SOLD DATE : 05/21/2020

Key Details

Sold Price $1,225,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,826 sqft

Price per Sqft $670

MLS Listing ID 19524372

Sold Date 05/21/20

Bedrooms 6

HOA Y/N No

Year Built 1963

Lot Size 10,018 Sqft

Property Description

We are proud to present the unique opportunity to own a turn-key 3-unit property located at 940 N Summit Avenue in Pasadena, California. The offering sits on a huge 10,017 SF lot with 1,826 SF of building area and is comprised of a great mix of all 2-bed/1-bath units.The property has been meticulously rehabbed throughout with a brand new roof, new landscaping, drip system, new a/c and heating, new kitchens, cabinets, stainless steel appliances, flooring, windows & doors, bathrooms, showers, etc.The property will be delivered with 2 vacant units that are completely rent ready allowing an investor to either owner-occupy or rent to tenants of their choosing at market rents. Since the property has less than 5 units, an investor can lock in a 30-year fixed-rate residential loan with today's very low interest rates (even more favorable if one chooses to owner occupy).

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Zoning PSR1

Interior

Fireplace No

Exterior

Total Parking Spaces 3

Building

Story 1

New Construction No

Others

Senior Community No

Tax ID 5729016016

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Filip Niculete • Marcus & Millichap
Bought with Todd McIntosh • Coldwell Banker Realty

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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