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Sold for $1,512,000
  • $1,512,000

    965 N Summit Ave, Pasadena, CA 91103

    9beds
    6baths
    4,275sqft
    Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $354/sqft
    $3,377 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,377/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sam Shakerchi DRE # 01868195 310-525-0872,

    Compass 310-230-5478

    Bought with:

    Kenneth So, DRE # 02052370

    Moon Realty

    Source: CLAW,MLS#: 25540149MLS Logo

    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 & neighborhood

    Location
    • Region: Pasadena

    Price history

    DateEventPrice
    12/31/2025Sold$1,512,000-2.5%$354/sqft
    Source: CLAW #25540149 Report a problem
    12/16/2025Pending sale$1,550,000$363/sqft
    Source: CLAW #25540149 Report a problem
    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
    12/12/2024Listed for sale$2,150,000+561.5%$503/sqft
    Source: CLAW #24-471701 Report a problem
    7/26/2001Sold$325,000+69%$76/sqft
    Source: Public Record Report a problem
    8/4/1994Sold$192,300$45/sqft
    Source: Public Record Report a problem

    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%
    2022$6,471 +4.2%$452,410 +2%
    2021$6,212 +3.4%$443,540 +1%
    2020$6,006 $438,994 +2%
    2019$6,006 +1.1%$430,387 +2%
    2018$5,941 $421,949 +2%
    2017$5,941 +1.4%$413,676 +2%
    2016$5,861 +2.9%$405,565 +1.5%
    2015$5,695 +2.4%$399,474 +2%
    2014$5,562 $391,650 +2.5%
    2012-- $382,237 +2%
    2011-- $374,743 +0.8%
    2010-- $371,944 -0.2%
    2009-- $372,829 +2%
    2008-- $365,520 +2%
    2007-- $358,354 +2%
    2006-- $351,328
    2005-- $351,328 +19.8%
    2000-- $293,336

    Find assessor info on the county website

    Neighborhood: North Central

    Nearby schools

    GreatSchools rating
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