868 North Summit Avenue

Pasadena, CA 91103

$1,030,000
Last Sold Price
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Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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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...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 this will definitely be a profitable long term investment.
  1. Listed by COMPASS

Property Details for 868 North Summit Avenue

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

Location

Listing Courtesy of COMPASS

Sold By The Agency, Ramiro Rivas, DRE #01406511

Add your commute
LISTING UPDATED: 09/22/2022 02:30 PM

Property Details for 868 North Summit Avenue

StatusClosed
MLS #P1-1856
Days on Market213
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

Location

Listing Courtesy of COMPASS

Sold By The Agency, Ramiro Rivas, DRE #01406511

Add your commute

Building Information for 868 North Summit Avenue

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

Payment Calculator

$6,703 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,621

Property Taxes

$1,082

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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
  • Area: 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
  • Association Fee: $.00
  • 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: 3
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Repairs 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: Slab, Raised
  • 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 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 868 North Summit Avenue

Taxable ValueLand$863,532Additions$208,080Total$1,071,612
Tax Record2023$12,988 ($1,082 / month)
Home Facts
Total Finished SqFt3,052 SqFtAbove Grade Finished SqFt3,052 SqFtLot Size9,002 SqFtStyleQuadraplexYear Built1956ZoningPSR1CountyLOS ANGELESAPN5725-012-016

Schools near 868 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
Madison 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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Similar Sold Homes

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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 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 COMPASS

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.