1063 North Summit Avenue

Pasadena, CA 91103

$1,350,000
Price
8
Beds
4
Baths
3,533 Sq. Ft.
$382 / Sq. Ft.
3,533
Sq. Ft.
$382
per Sq. Ft.

Description

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. Upon entering, you'll find three distinct units, each with its own charm and functionality. The first unit, located downstairs, features three spacious bedrooms and convenient backyard access through a backdoor. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout....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. Upon entering, you'll find three distinct units, each with its own charm and functionality. The first unit, located downstairs, features three spacious bedrooms and convenient backyard access through a backdoor. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout. Venture outside to the backyard oasis, where a separate structure awaits. This standalone unit, almost like an ADU (Accessory Dwelling Unit), features the final two bedrooms, offering privacy and versatility. Location truly sets this property apart, with close proximity to schools, parks, and scenic hiking trails. Indulge in the vibrant culture of nearby Old Town Pasadena, renowned for its charming atmosphere, eclectic shopping, and delectable dining options.
  1. Listed by Elsa Araya • DRE #02061156 • Brokerage DRE #01103511 • Keyholder Estate

Property Details for 1063 North Summit Avenue

Water Front
None
Zoning
PSR1
Parcel Number
5728003007
Total Units
4.0
Living Area
3533
Source Living Area
Vendor Enhanced
Area
Pasadena NW (645)
Vacancy Rate
0

Location

Listing Courtesy of Keyholder Estate, Elsa Araya, DRE #02061156
Add your commute
LISTING UPDATED: 04/30/2024 08:20 PM

Property Details for 1063 North Summit Avenue

StatusActive
MLS #24-375453
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.36 AC / 15,596 SF
CountyLos Angeles County

Location

Listing Courtesy of Keyholder Estate, Elsa Araya, DRE #02061156
Add your commute

Building Information for 1063 North Summit Avenue

Stories-Residences-Year Built1947Building Size-Lot Size0.36 AC / 15,596 SF

Payment Calculator

$7,636 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$268

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1063 North Summit Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 4 plex
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $6,200
  • Net Operating Income: $.00
  • Gross Income: $6,200
  • Gross Rent Multiplier: $5.00
  • Total Annual Expense: 800
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.358
  • Lot Size Square Feet: 15596
Parking Details
Parking Details
  • Parking Garage: Driveway, Parking Space
  • Total Parking: 0
  • Parking Features: Driveway, Parking Space
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: Ceiling Fan, Dryer, Washer
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-02-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $125,194.00
  • Assessed Improvement Percent: 67.76
  • Assessed Land Value: $59,578.00
  • Assessed Land Percent: 32.24

Property History for 1063 North Summit Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1063 North Summit Avenue

Taxable ValueLand$59,578Additions$125,194Total$184,772
Tax Record2023$3,218 ($268 / month)
Home Facts
Total Finished SqFt3,533 SqFtAbove Grade Finished SqFt3,533 SqFtLot Size15,596 SqFtStyleQuadraplexYear Built1947ZoningPSR1CountyLOS ANGELESAPN5728-003-007

Schools near 1063 North Summit Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Washington Accelerated Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1063 North Summit Avenue is a multi-family home for sale in Pasadena, CA 91103. This property was listed for sale on April 2, 2024 by Keyholder Estate, it's currently listed at $1,350,000. This listing's school district is Pasadena Unified School District. Nearby schools include Washington Accelerated Elementary School, Octavia E. Butler Magnet School and John Muir High School. 1063 North Summit Avenue is a 8-bed, 4-bath, 3,533 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keyholder Estate, Elsa Araya, DRE #02061156

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.