Investors, welcome to this exceptional property boasting a wealth of opportunities. Situated on a sprawling 15,590-square-foot lot, this residence offers ample space and endless potential. On the property you will find four distinct units, the first unit, located downstairs, features three spacious bedrooms, den area and large kitchen with convenient backyard access. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout. Detached from the main unit is a separate standalone unit which features two bedrooms recently updated. The lot size and endless possibilities truly set this property apart along with the future rental upside and the close proximity to Old Town Pasadena, renowned for its charming atmosphere, eclectic shopping, and delectable dining options.
Sold for $1,020,000
Tax assessed value
$1,020,000
1063 N Summit Ave, Pasadena, CA 91103
7beds
4baths
3,533sqft
Multi Family
Built in 1947
-- sqft lot
$1,471,300 Zestimate®
$289/sqft
$3,333 Estimated rent
Home value
$1,471,300
$1.27M - $1.71M
$3,333/mo
Zestimate® history
Owner options
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$6,477/mo
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Zillow last checked:
Listing updated:
Listed by:
Teresa Taylor DRE # 01103511 310-713-7211,
Keyholder Estate 310-242-5839,
Elsa Araya DRE # 02061156 323-334-5172,
Keyholder Estate
Bought with:
Grigor Mkrtchyan, DRE # 01452036
Markarian Realty
Source: CLAW,MLS#: 24-375453
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- None
Cooling
- None
Appliances
- Included: Dryer, Washer
Features
- Ceiling Fan(s)
Interior area
- Total structure area: 3,533
- Total interior livable area: 3,533 sqft
Property
Parking
- Parking features: Driveway, Parking Space
- Has uncovered spaces: Yes
Features
- Levels: Two
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 0.36 Acres
Details
- Additional structures: Other
- Parcel number: 5728003007
- Zoning: PSR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Pasadena
HOA & financial
Other financial information
- Total actual rent: 6200
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2024 | Sold | $1,020,000-5.6%$289/sqft |
Source:  CLAW #24-375453 Report a problem | ||
| 9/7/2024 | Contingent | $1,080,000$306/sqft |
Source: CLAW #24-375453 Report a problem | ||
| 8/13/2024 | Price change | $1,080,000-10%$306/sqft |
Source: CLAW #24-375453 Report a problem | ||
| 7/14/2024 | Price change | $1,200,000-11.1%$340/sqft |
Source: CLAW #24-375453 Report a problem | ||
| 4/2/2024 | Listed for sale | $1,350,000$382/sqft |
Source: CLAW #24-375453 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,801 +293.9% | $1,020,000 +441.2% |
| 2024 | $3,249 +1% | $188,466 +2% |
| 2023 | $3,218 +3% | $184,772 +2% |
| 2022 | $3,124 +4.3% | $181,150 +2% |
| 2021 | $2,994 +3% | $177,599 +1% |
| 2020 | $2,908 | $175,779 +2% |
| 2019 | $2,908 +0.3% | $172,333 +2% |
| 2018 | $2,900 | $168,955 +2% |
| 2017 | $2,900 +1.7% | $165,643 +2% |
| 2016 | $2,852 +3.7% | $162,396 +1.5% |
| 2015 | $2,752 +1.7% | $159,958 +2% |
| 2014 | $2,706 | $156,825 +2.5% |
| 2012 | -- | $153,056 +2% |
| 2011 | -- | $150,056 +0.8% |
| 2010 | -- | $148,936 -0.2% |
| 2009 | -- | $149,291 +2% |
| 2008 | -- | $146,365 +2% |
| 2007 | -- | $143,496 +2% |
| 2006 | -- | $140,683 |
| 2005 | -- | $140,683 +4% |
| 2004 | -- | $135,221 +1.9% |
| 2003 | -- | $132,743 +2% |
| 2002 | -- | $130,141 +4% |
| 2000 | -- | $125,090 |
Find assessor info on the county website
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 5/10Washington Accelerated Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Octavia E. Butler Magnet SchoolGrades: 6-8Distance: 0.5 mi
- 4/10John Muir High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$1,471,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,471,300
- California
- Los Angeles County
- Pasadena
- 91103
- North Central
- 1063 N Summit Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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