1798 Summit Avenue

Pasadena, CA 91103

$1,900,000
Price
7
Beds
3
Baths
2,286 Sq. Ft.
$831 / Sq. Ft.
2,286
Sq. Ft.
$831
per Sq. Ft.

Description

Awesome development opportunity on a treelined street in one of the most desirable areas of Pasadena. Live in one while under construction/remodel or tear down. This huge 15,001 Sq.ft. lot with 2 single story detached units has several profit potential possibilities. Both units are tenant occupied to be delivered vacant. This gem is approx. 3 miles from the Rose Bowl. There may be several profit potential possibilities. Check with the City on other building opportunities for this beauty. Information...Awesome development opportunity on a treelined street in one of the most desirable areas of Pasadena. Live in one while under construction/remodel or tear down. This huge 15,001 Sq.ft. lot with 2 single story detached units has several profit potential possibilities. Both units are tenant occupied to be delivered vacant. This gem is approx. 3 miles from the Rose Bowl. There may be several profit potential possibilities. Check with the City on other building opportunities for this beauty. Information herein is not confirmed by Listing Agent/Seller and it is Buyer's responsibility to verify and rely on their own findings. Property SOLD AS-IS. Appointment only to walk the property. Please Do not Disturb the tenants. See you in Escrow!
  1. Listed by Crystal A. Rodgers • DRE #01427666 • Keller Williams Beverly Hills

Property Details for 1798 Summit Avenue

Water Front
None
Zoning
PSR1
Cross Streets
E. Tremont
Parcel Number
5837009013
Total Units
2.0
Living Area
2286
Source Living Area
Vendor Enhanced
Area
Pasadena NW (645)

Location

Listing Courtesy of Keller Williams Beverly Hills, Crystal A. Rodgers, DRE #01427666
Add your commute
LISTING UPDATED: 02/21/2023 05:55 PM

Property Details for 1798 Summit Avenue

StatusActive
MLS #22-212651
Days on Market151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.34 AC / 15,001 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Crystal A. Rodgers, DRE #01427666
Add your commute

Building Information for 1798 Summit Avenue

Stories-Residences-Year Built1963Building Size-Lot Size0.34 AC / 15,001 SF

Payment Calculator

$10,135 per month

30 year fixed, 6.73% Interest

Principal and Interest

$9,838

Property Taxes

$297

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1798 Summit Avenue

Community / Development
    Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 2
  • Senior Community: No
Structure Info
    Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Houses
  • View: No
  • View Description: None
  • View: None
  • Security Features: Window Bars
  • Property Condition: Repairs Cosmetic, Fixer
  • Water: Public
  • Sewer: Sewer Paid
Contract Info
    Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
    Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $54,000
  • Net Operating Income: $51,500.00
  • Gross Income: $54,000
  • Gross Rent Multiplier: $1.00
  • Other Income1: $54,000.00
  • Total Annual Expense: 2500
Land / Lot Info
    Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.3444
  • Lot Size Square Feet: 15001
  • Lot Features: Front Yard, Lawn, Back Yard, Value In Land, Yard
  • Lot Description: Front Yard, Lawn, Back Yard, Street Lighting, Street Paved, Value In Land, Walk Street, Yard, Sidewalks
Parking Details
    Parking Details
  • Parking Garage: Driveway, Boat, RV Access, Garage - 1 Car, Garage Is Attached, On street, Parking for Guests - Onsite, Driveway - Concrete
  • Total Parking: 10
  • Covered Parking: 1
  • Open Other Spaces Total: 10
  • Garage Spaces Total: 1
  • Parking Features: Driveway, Boat, RV Access/Parking, Garage - Single Door, Street, Guest, Concrete
  • Attached Garage: Yes
Interior Features
    Interior Features
  • Levels: One
  • Cooling Type: Window Unit(s)
  • Heating: Central
  • Heating Type: Central
  • Equipment: Gas Or Electric Dryer Hookup
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Laundry: Individual Room
Exterior Features
    Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Patio Features: Covered
  • Entry Location: Ground Level - no steps
  • Windows: Drapes/Curtains, Window Blinds
  • New Construction: No
  • Other Structural Features: Two On A Lot
  • Other Structures: None
Lease Terms
    Lease Terms
  • Entry Date: 10-26-2022
  • Listing Terms: Cash, Conventional, Take Property As Is
Unit Details
    Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
    Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $3,250.00
  • Like Units: 1
    Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
    Tax and Assessed Info
  • Assessed Improvement Value: $82,541.00
  • Assessed Improvement Percent: 32.2
  • Assessed Land Value: $173,789.00
  • Assessed Land Percent: 67.8
  • Assessed Total Value: $256,330.00

Property History for 1798 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 1798 Summit Avenue

Taxable ValueLand$173,789Additions$82,541Total$256,330
Tax Record2022$3,565 ($297 / month)
Home Facts
Total Finished SqFt2,286 SqFtAbove Grade Finished SqFt2,286 SqFtLot Size15,001 SqFtStyleDuplexYear Built1963ZoningPSR1CountyLOS ANGELESAPN5837-009-013

Schools near 1798 Summit Avenue

This home is within Pasadena Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
RatingSchoolDistance
Washington Accelerated Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

John Muir High School
Public9 to 12

Marshall Fundamental School
Public6 to 12

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1798 Summit Avenue is a multi-family home for sale in Pasadena, CA 91103. This property was listed for sale on October 26, 2022 by Keller Williams Beverly Hills at $1,900,000. This listing's school district is Pasadena Unified School District. Nearby schools include Washington Accelerated Elementary School, Washington Middle School and John Muir High School. 1798 Summit Avenue is a 7-bed, 3-bath, 2,286 sqft multi-family home built in 1963.

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 Keller Williams Beverly Hills, Crystal A. Rodgers, DRE #01427666

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association 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 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.