868 North Summit Avenue

Pasadena, CA 91103

$995,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A fantastic income producing opportunity in one of the best cities in So Cal. This NW Pasadena 4plex is primed for long term investment opportunity perfect for 1st time investors. Mixed combo of units made up of a front unit w/3bd+1ba, middle unit with 2bd+1ba and attached smaller units with 1bd+1ba each. Lots of original detail surround this property and an expanded lot, each unit having plenty of secured parking spaces. With Pasadena's growth in commerce, transportation, population, and popularity...

Property Details for 868 North Summit Avenue

Architectural Style
Craftsman
Subdivision Name
Not Applicable
Garage Spaces
.00
Covered Spaces
.00
View
None

Property Details for 868 North Summit Avenue

StatusActive
MLS #P1-1856
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.21 AC / 9,001 SF
CountyLos Angeles County

Listing Agent

Alex Lozano

Compass

alex.lozano@compass.com

P: 626.755.1532

DRE #1848152

Contact Agent(s)

Location

Listing Courtesy of COMPASS, Alex Lozano, DRE #1848152

Listing Agent

  1. Alex Lozano

    Listing Agent

    Compass

    DRE #1848152

Building Information for 868 North Summit Avenue

Stories1Residences-Year Built1956Building Size-Lot Size0.21 AC / 9,001 SF

Payment Calculator

$3,335 per month

30 year fixed, 2.95% Interest

Principal and Interest

$3,335

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 868 North Summit Avenue

Summary
    Location and General Information
  • Community Features: Street Lights
  • City: Pasadena
  • Country: US
  • Direction Faces: West
  • Directions: Just south of Moutain
  • MLSArea Major: 645 - Pasadena NW
  • Postal Code Plus4: 3155
  • Unparsed Address: 868 North Summit Avenue, Pasadena, CA 91103
    Parking
  • Parking Features: Assigned, Driveway
    Taxes and HOA Information
  • New Taxes Expense: $6,527.00
    Virtual Tour
  • Videos Count: 0
Property
    Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers None
  • Lot Size Acres: .21
  • Lot Size Square Feet: 9,001.00
  • Lot Size Area: 9,001.00
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • Parcel Number: 5725012016
  • Road Frontage Type: City Street
  • Zoning: PSR1
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
    Property and Assessments
  • Common Walls: Attached
  • Documents Count: 2
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Repair Cosmetic
  • Year Built Source: Assessor
  • Senior Community: No
    Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Standard
  • Sewer: Sewer Paid
  • Water Sewer Expense: $450.00
  • Water Source: Private
Interior and Exterior Features
    Exterior Features
  • Fencing: Block, Security
  • Foundation Details: Raised, Slab
  • Pool Features: None
  • Pool Private: No
  • Pool: No
  • Roof: Composition
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
    Interior Features
  • Appliances: None
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Wood
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: Inside
  • View: No
  • Levels: One
Multi Family
    Multi-Family Information
  • Gross Scheduled Income: $50,100.00
  • Net Operating Income: $35,927.00
  • Insurance Expense: $2,246.00
  • Number Of Buildings: 3
  • Number Of Units Leased: 3
  • Operating Expense: $14,173.00
  • Special Listing Conditions: Standard
  • Trash Expense: $450.00
Rental
    Rental Information
  • Tenant Pays: Cable TV, Electricity
  • Rent Control: No

Property History for 868 N Summit Ave

DateEvent & SourcePriceAppreciation
Oct 16, 2020

Listed (Active)

CRMLS #P1-1856

$995,000
Oct 1, 2020

Listed (Active)

VCF #P1-1856

$995,000
Oct 1, 2020

Listed (Active)

CLAW #1856PF

$995,000
DateEvent & SourcePrice
10/16/2020

Listed (Active)

CRMLS #P1-1856

$995,000
10/01/2020

Listed (Active)

VCF #P1-1856

$995,000
10/01/2020

Listed (Active)

CLAW #1856PF

$995,000

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

Schools near 868 North Summit Avenue


SchoolTypeGradesDistanceRating
Madison Elementary SchoolPublicK-50.4 mi
2
Friends Western SchoolPrivateK-60.5 mi
NR
New Horizon SchoolPrivateK-80.6 mi
NR
New Horizon School PasadenaPrivateK-80.7 mi
NR

Madison Elementary School

K-5, 0.4 mi, Public

2

Friends Western School

K-6, 0.5 mi, Private

NR

New Horizon School

K-8, 0.6 mi, Private

NR

New Horizon School Pasadena

K-8, 0.7 mi, Private

NR

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 Sold Homes

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

868 North Summit Avenue is a multi-family home for sale in Pasadena, CA 91103. This property was listed for sale on October 1, 2020 by Compass at $995,000. This listing's school district is Pasadena Unified School District. Nearby schools include New Horizon School, Rose City High (Continuation) School and St. Andrew Elementary School. 868 North Summit Avenue is a 0-bed, 0-bath, multi-family home built in 1956. This address can also be written as 868 N Summit Ave.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.

Listing Courtesy of COMPASS, Alex Lozano, DRE #1848152

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