1985 Summit Ave

Pasadena, CA 91103

$1,560,000
Last Sold Price
8
Beds
5
Baths
3,776 Sq. Ft.
$413 / Sq. Ft.
3,776
Sq. Ft.
$413
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 7/11/25
Closed 7/11/25
a view of a house with a yard

Description

Don’t miss this exceptional opportunity to own a fully upgraded Five units property offering spacious, modern units in a highly desirable area. Ideal for both investors and owner-users, each unit has been thoughtfully updated with high-end finishes and features that maximize comfort, functionality, and rental appeal. Interior Features Bright, open floorplans with abundant natural light, luxury vinyl tile flooring and fresh paint throughout. Brushed nickel hardware and fixtures. Updated kitchens with...Don’t miss this exceptional opportunity to own a fully upgraded Five units property offering spacious, modern units in a highly desirable area. Ideal for both investors and owner-users, each unit has been thoughtfully updated with high-end finishes and features that maximize comfort, functionality, and rental appeal. Interior Features Bright, open floorplans with abundant natural light, luxury vinyl tile flooring and fresh paint throughout. Brushed nickel hardware and fixtures. Updated kitchens with light quartz countertops, white shaker-style cabinetry, stainless steel sinks, generous pantry space, and new stoves. Bathrooms feature new tub/shower combos, modern vanities, 3-door medicine cabinets, and elegant brushed nickel lighting. Primary bedrooms include wall A/C units, large walk-in closets, and linen storage. Additional Highlights: 4 of 5 units offer washer/dryer hookups for added tenant convenience. One assigned parking space per unit. Prime Location:
Located near major conveniences, including restaurants, grocery stores, and retail. Just minutes from the newly renovated Westfield Santa Anita Mall and with easy access to freeways, this property sits in a sought-after rental market with strong upside potential.
  1. Listed by Monique Jones • DRE #01812139 • Brokerage DRE #01892757 • RIDGEVIEW REALTY INV.,INC • 626-712-1701

Property Details for 1985 Summit Avenue

Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3776
Assessor Parcel Number
5837-003-018
LISTING UPDATED: 07/12/2025 04:41 AM

Property Details for 1985 Summit Avenue

StatusClosed
MLS #WS25080714
Days on Market50
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1949
Lot Size0.20 AC / 8,906 SF
CountyLos Angeles County
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Location

Listing Courtesy of RIDGEVIEW REALTY INV.,INC, Monique Jones, DRE #01812139

Sold By Seven Gables Real Estate, Alondra De Haro, DRE #02115489

Add your commute

Building Information for 1985 Summit Avenue

Stories2Residences-Year Built1949Building Size-Lot Size0.20 AC / 8,906 SF

Payment Calculator

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$7,603 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,603

Property Taxes

$0

HOA Dues

$0

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Property Information for 1985 Summit Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $10,128
  • Gross Scheduled Income: $121,536
  • Vacancy Allowance: 0
  • Gross Operating Income: $121,536
  • Net Operating Income: $85,390
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Current Financing: Conventional
  • Financing: Cash
Expense Details
  • Operating Expense: $36,146
  • New Taxes Expense: $18,786
  • Gardener Expense: $2,400
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,400
  • Professional Management Expense: $5,400
  • Other Expense: $0
  • Other Expense Description: 0
  • Trash Expense: $4,080
  • Water Sewer Expense: $4,080
  • Total Expenses: $36,146
Tax / Assessment Info
  • Tax Area: 7500
  • Tax Rate: 25.0
  • Tax Annual Amount: $18,786
  • Tax Tract Number: 0
  • Tax Census Tract: 4615.02
  • Tax Lot: 18
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Water Heater
  • Equipment: Gas Dryer Hookup, Washer Hookup
  • Interior Features: Quartz Counters, Unfurnished
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Primary Bathroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Natural Gas
  • Heating: Natural Gas
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Multi/Split
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Electric: Electricity - Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 5
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,414
  • Unit Type Total Rent: $2,414
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,414
  • Unit Type Total Rent: $2,414
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,185
  • Unit Type Total Rent: $1,185
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,414
  • Unit Type Total Rent: $2,414
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Number With Disposal: 5
  • Number With Drapes: 5
  • Number With Patio: 1
  • Number Wall AC: 5

Property History for 1985 Summit Avenue

DateEvent & SourcePriceAppreciation
Jul 11, 2025

Sold

CRMLS #WS25080714

$1,560,000—
Jul 11, 2025

Sold

CLAW #WS25080714MR

$1,560,000—
Jun 12, 2025

Pending

CRMLS #WS25080714

—
Jun 7, 2025

Pending

CLAW #WS25080714MR

—
May 21, 2025

Price Change

CLAW #WS25080714MR

$1,600,000—
May 21, 2025

Price Change

CRMLS #WS25080714

$1,600,000—
Apr 18, 2025

Listed (Active)

CRMLS #WS25080714

$1,700,000—
Apr 15, 2025

Listed (Active)

CLAW #WS25080714MR

$1,700,000—
DateEvent & SourcePrice
07/11/2025

Sold

CRMLS #WS25080714

$1,560,000
07/11/2025

Sold

CLAW #WS25080714MR

$1,560,000
06/12/2025

Pending

CRMLS #WS25080714

—
06/07/2025

Pending

CLAW #WS25080714MR

—
05/21/2025

Price Change

CLAW #WS25080714MR

$1,600,000
05/21/2025

Price Change

CRMLS #WS25080714

$1,600,000
04/18/2025

Listed (Active)

CRMLS #WS25080714

$1,700,000
04/15/2025

Listed (Active)

CLAW #WS25080714MR

$1,700,000

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

Schools near 1985 Summit Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Altadena Elementary School
Public - K to 5
Eliot Arts Magnet
Public - 6 to 8
John Muir High School
Public - 9 to 12
Sierra Madre Middle School
Public - 6 to 8
Rating
School
Distance
Altadena Elementary School
PublicK to 5

Eliot Arts Magnet
Public6 to 8

John Muir High School
Public9 to 12

Sierra Madre Middle School
Public6 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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RIDGEVIEW REALTY INV.,INC, Monique Jones, DRE #01812139

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.