Welcome to your investment opportunity in the desirable city of Pasadena. This property features (2) two-story buildings with 4 units total, situated on a 6,982 Sq. Ft. Lot.
Each building has an upstairs and downstairs unit. Total of 4 units with 100% occupancy.
Each of the (4) units are 2 bedrooms + den (used as 3rd bedroom), and 1 bathroom. Each unit features indoor laundry hookups, a/c wall units, and its own parking spot in the back carport.
Full exterior has been painted. The property features a long driveway, each building has a small yard area in front of each one, and a carport towards the back. Sold as-is with tenants in place.
The property is conveniently located minutes from many local landmarks, parks, shopping centers, and Metro line.
Sold for $1,350,000
Listing Provided by: Keller Williams Pacific Estates
Bought with: T.N.G. Real Estate Consultants
Tax assessed value
$1,350,000
541 N Summit Ave, Pasadena, CA 91103
8beds
4baths
3,700sqft
Quadruplex
Built in 1965
-- sqft lot
$1,518,700 Zestimate®
$365/sqft
$2,636 Estimated rent
Home value
$1,518,700
$1.44M - $1.59M
$2,636/mo
Zestimate® history
Owner options
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$2,636/mo
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$2,636/mo
Rent Zestimate®
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$8,465/mo
Est. payment
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$8,465/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Remoun Said DRE #01427142 562-762-8581,
Keller Williams Pacific Estates
Bought with:
Tiffany Huang, DRE #01961798
T.N.G. Real Estate Consultants
Source: CRMLS,MLS#: DW24139381
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: In Kitchen
Features
- Flooring: Tile, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,700
- Total interior livable area: 3,700 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport, Detached Carport
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
Lot
- Size: 6,982 sqft
- Features: Front Yard
Details
- Parcel number: 5725007002
- Zoning: PSR1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs, Golf, Park, Street Lights, Sidewalks
Location
- Region: Pasadena
HOA & financial
Other financial information
- Total actual rent: 5970
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Freddie Mac,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $1,350,000$365/sqft |
Source:  CRMLS #DW24139381 Report a problem | ||
| 8/15/2024 | Pending sale | $1,350,000$365/sqft |
Source: CRMLS #DW24139381 Report a problem | ||
| 7/30/2024 | Price change | $1,350,000-1.8%$365/sqft |
Source: CRMLS #DW24139381 Report a problem | ||
| 7/10/2024 | Listed for sale | $1,375,000+10.1%$372/sqft |
Source: CRMLS #DW24139381 Report a problem | ||
| 10/16/2020 | Sold | $1,249,000$338/sqft |
Source: Public Record Report a problem | ||
| 9/24/2020 | Pending sale | $1,249,000$338/sqft |
Source: National Properties #320002251 Report a problem | ||
| 7/29/2020 | Listed for sale | $1,249,000$338/sqft |
Source: National Properties #320002251 Report a problem | ||
| 7/15/2020 | Pending sale | $1,249,000$338/sqft |
Source: National Properties #320002251 Report a problem | ||
| 7/6/2020 | Price change | $1,249,000-9.8%$338/sqft |
Source: National Properties #320002251 Report a problem | ||
| 4/6/2020 | Listed for sale | $1,385,000+46.3%$374/sqft |
Source: KW Commercial Studio City #20569430 Report a problem | ||
| 2/13/2015 | Sold | $947,000-3.9%$256/sqft |
Source: Public Record Report a problem | ||
| 1/1/2015 | Pending sale | $985,000$266/sqft |
Source: GreenView Realty #CV14245205 Report a problem | ||
| 11/20/2014 | Listed for sale | $985,000+69.2%$266/sqft |
Source: GreenView Realty #CV14245205 Report a problem | ||
| 10/5/2011 | Listing removed | $1,400 |
Source: Owner Report a problem | ||
| 10/22/2010 | Price change | $1,400+3.7% |
Source: Owner Report a problem | ||
| 8/25/2010 | Listed for rent | $1,350 |
Source: Owner Report a problem | ||
| 8/12/2010 | Sold | $582,000-7.6%$157/sqft |
Source: Public Record Report a problem | ||
| 7/24/2010 | Listed for sale | $629,900-25.9%$170/sqft |
Source: The Premier Group #S622913 Report a problem | ||
| 1/19/2010 | Sold | $850,000+84.8%$230/sqft |
Source: Public Record Report a problem | ||
| 12/19/2009 | Price change | $460,000-57.8%$124/sqft |
Source: Remax Realty100 Report a problem | ||
| 7/30/2009 | Price change | $1,090,000-0.9%$295/sqft |
Source: Coldwell Banker Commercial George Realty #A08063225 Report a problem | ||
| 11/15/2008 | Price change | $1,100,000-9.8%$297/sqft |
Source: Coldwell Banker** #A08063225 Report a problem | ||
| 8/8/2008 | Price change | $1,220,000-3.9%$330/sqft |
Source: Coldwell Banker** #A08063225 Report a problem | ||
| 5/18/2008 | Listed for sale | $1,270,000+34.4%$343/sqft |
Source: Coldwell Banker** #A08063225 Report a problem | ||
| 8/24/2005 | Sold | $945,000+47.7%$255/sqft |
Source: Public Record Report a problem | ||
| 2/3/2004 | Sold | $640,000+113.3%$173/sqft |
Source: Public Record Report a problem | ||
| 10/1/1999 | Sold | $300,000$81/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,340 +4.8% | $1,350,000 +1.9% |
| 2024 | $15,585 +0.8% | $1,325,447 +2% |
| 2023 | $15,456 +3.5% | $1,299,459 +2% |
| 2022 | $14,928 +4.3% | $1,273,980 +2% |
| 2021 | $14,318 +22% | $1,249,000 +20% |
| 2020 | $11,736 | $1,040,692 +2% |
| 2019 | $11,736 -1.6% | $1,020,287 +2% |
| 2018 | $11,930 | $1,000,282 +2% |
| 2017 | $11,930 +1.1% | $980,669 +2% |
| 2016 | $11,796 +2.3% | $961,441 +49.3% |
| 2015 | $11,532 +46.8% | $643,782 +2% |
| 2014 | $7,854 | $631,172 +8.4% |
| 2011 | -- | $582,000 -14.4% |
| 2010 | -- | $680,000 |
| 2009 | -- | $680,000 -30.8% |
| 2008 | -- | $983,178 +2% |
| 2007 | -- | $963,900 +2% |
| 2006 | -- | $945,000 +196.8% |
| 2003 | -- | $318,361 +2% |
| 2002 | -- | $312,120 +4% |
| 2000 | -- | $300,000 |
Find assessor info on the county website
Neighborhood: West Central
Nearby schools
GreatSchools rating
- 2/10Madison Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Octavia E. Butler Magnet SchoolGrades: 6-8Distance: 1.1 mi
- 4/10John Muir High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,518,700
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
$1,518,700
- California
- Los Angeles County
- Pasadena
- 91103
- West Central
- 541 N Summit Ave
Nearby cities
Nearby neighborhoods
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