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For sale
  • Price cut: $45K (10/30)
    $1,550,000

    965 N Summit Ave, Pasadena, CA 91103

    9beds
    6baths
    4,275sqft
    : 
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $363/sqft
    $-- HOA

    What's special

    REDUCED and ready to sell! 6 Units for sale in Prime Pasadena. One of the 2+1's units is vacant. Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9.
    195 days
    |
    317
    |
    16
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 30, 2025 at 09:06am

    Listed by:

    Sam Shakerchi DRE # 01868195 310-525-0872,

    Compass 310-230-5478

    Source: CLAW,MLS#: 25540149MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Heating
    • Other
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range/Oven, Refrigerator
    Interior area
    • Total structure area: 4,275
    • Total interior livable area: 4,275 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.28 Acres
    Details
    • Additional structures: None
    • Parcel number: 5728003033
    • Zoning: PSR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: California Bungalow
    • Property subtype: Multi Family
    Condition
    • Year built: 1958

    Community & HOA

    Location
    • Region: Pasadena

    Financial & listing details

    • Price per square foot: $363/sqft
    • Tax assessed value: $470,685
    • Annual tax amount: $7,137
    • Date on market: 5/30/2025
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $4,210/mo

    Price history

    Price history
    DateEventPrice
    10/30/2025Price change$1,550,000-2.8%$363/sqft
    Source: CLAW #25540149 Report a problem
    9/19/2025Price change$1,595,000-6.1%$373/sqft
    Source: CLAW #25540149 Report a problem
    5/30/2025Listed for sale$1,699,000-11.8%$397/sqft
    Source: CLAW #25540149 Report a problem
    5/1/2025Listing removed$1,926,000$451/sqft
    Source: CLAW #24-471701 Report a problem
    3/6/2025Price change$1,926,000-10.4%$451/sqft
    Source: CLAW #24-471701 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$7,137 +6%$480,098 +2%
    2024$6,735 +0.9%$470,685 +2%
    2023$6,677 +3.2%$461,457 +2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $9,655/mo
    Principal & interest
    $7614
    Property taxes
    $1498
    Home insurance
    $543

      Climate risks

      Neighborhood: North Central

      Nearby schools

      GreatSchools rating

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