$2,150,000
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965 Summit Avenue Pasadena, CA 91103
Cluster
Residence
9
Beds
6
Baths
4,275
Sq. Ft.
0.28
Acre
Lot
Property Activity
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Looking for an investment with exceptional growth potential? This 6-unit apartment building in sought-after Pasadena offers an incredible opportunity to enhance your returns. Located in a prime area with a robust rental market, the property features under-market rents, providing approximately 30% up...side potential. With light renovations, you can increase rents and boost property value. Additionally, the property allows for the addition of three ADUstwo detached and one partially attached to an existing structureoffering even more income potential. Pasadena's strong job market ensures a reliable tenant base, while the CAP rate will vary depending on the final property tax assessment. Don't miss this chance to invest in a high-demand location with room for significant value growth.
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MLS#
24471701
Property Type
Cluster
Status
Bedrooms
9
Bathrooms
Year Built
1958
Square Feet
4,275
sq. ft
Lot Size
0.28
Stories
1.0
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