$2,295,000

922 Summit Avenue, Pasadena 91103

9

Beds

4

Baths

10,014

Lot Size

4

# Of Units

Listing Agent
Miganoush Barfian Namagerdi - Coldwell Banker Hallmark

Welcome to this exceptional multi-family home in the highly desirable neighborhood of Pasadena! This property boasts a total of 9 bedrooms and 4 bathrooms spread across 4 units, making it a fantastic investment opportunity.**Title is showing 7 bedroom, 4 bathroom!! Let's delve into the unique features and offerings of this property: Unit Breakdown:Unit 1 (1 Bed, 1 Bath): Generating a monthly income of 1,695.Unit 2 (2 Bed, 1 Bath): Generating a monthly rental income of $2,695.Unit 3 (2 Bed, 1 Bath plus a den converted into a bedroom): Generating a monthly income of $3,495.Unit 4 (2 Bed, 1 Bath plus a den converted into a bedroom): This unit generates a monthly income of $2,970. This property is upgraded with all-new plumbing and electrical fixtures. You won't have to worry about old pipes or wiring issues – it's all fresh and ready to go! Also the property has received a fresh look with a newly repainted exterior, including the parking lot, in August 2023. Plus, all vinyl fences on the premises are brand new.The middle and back units have recently received a brand-new roof, providing added durability and peace of mind. The owner has committed to taking care of the front unit's roof for the buyer, showcasing a commitment to property maintenance. Each unit is designed to be light and bright, creating a welcoming and comfortable living environment for tenants.The property is equipped with tankless water system, all-new appliances. With a mix of unit sizes and rental incomes, this property presents a great investment opportunity for those looking to expand their real estate portfolio.Don't miss out on this incredible opportunity to own a multi-family home with a blend of versatility, modern amenities, and strong rental potential! Contact me today to schedule a viewing.

Facts & Features

MLS® # GD24015743
Price $2,295,000
Bedrooms 9
Bathrooms 4.00
Lot Size 10,014
Year Built 1896
Type Residential Income
Sub-Type Quadruplex
Status Active
# Of Units 4

Community Information

Address 922 Summit Avenue
Area 699 - Not Defined
City Pasadena
County Los Angeles
Zip Code 91103

Amenities

Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description 2-5 Units/Acre

Additional Information

Date Listed January 25th, 2024
Days on Market 92
Zoning PSR1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMiganoush Barfian Namagerdi
OfficeColdwell Banker Hallmark

Listing Map

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