Property Details
About this Property
Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 units ready for immediate move in including 3 units fully remodeled and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, each 1-bedroom, 1-bath. 3 of these vacant units have been fully renovated, boasting new floors, fresh paint, updated kitchens, and modern bathrooms allowing the new owner the flexibility to choose and put their own tenants in place right away.
MLS Listing Information
MLS #
CROC25017098
MLS Source
California Regional MLS
Days on Site
60
Interior Features
Kitchen
None
Appliances
Other
Flooring
Laminate
Laundry
Community Facility
Cooling
None
Heating
Electric
Parking, School, and Other Information
Garage/Parking
Common Parking - Shared, Covered Parking, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 9 | – |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Madison Elementary School | public | K-5 | 0.48 mi | |
| Washington Accelerated Elementary School | public | K-5 | 0.82 mi | |
| Octavia E. Butler Magnet School | public | 6-8 | 0.85 mi | |
| Roosevelt Elementary School | public | K-5 | 0.86 mi | N/A |
| Cleveland Elementary School | public | K-5 | 1.06 mi | N/A |
| Longfellow (Henry W.) Elementary School | public | K-5 | 1.26 mi | |
| John Muir High School | public | 9-12 | 1.43 mi | |
| McKinley School | public | K-8 | 1.58 mi | |
| Twilight Adult | public | UG | 1.61 mi | N/A |
| Rose City High (Continuation) School | public | 9-12 | 1.63 mi | |
| Twentieth Street Elementary School | public | K-5 | 1.66 mi | |
| Jefferson Elementary School | public | K-5 | 1.72 mi | N/A |
| Eliot Arts Magnet | public | 6-8 | 1.87 mi | |
| Jackson Elementary School | public | K-5 | 1.88 mi | |
| Altadena Elementary School | public | K-5 | 1.89 mi | |
| Marshall Fundamental School | public | 6-12 | 2.09 mi | |
| San Rafael Elementary School | public | K-5 | 2.15 mi | |
| Blair High School | public | 6-12 | 2.34 mi | |
| Daniel Webster | public | K-5 | 2.44 mi | |
| Hamilton Elementary School | public | K-5 | 2.66 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
839 N Summit Ave is a Residential Income in Pasadena, CA 91103. This – square foot property sits on a 14,992 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,429,000 and was built in 1989. This address can also be written as 839 N Summit Ave, Pasadena, CA 91103.
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This listing information is up-to-date as of February 26, 2025. For the most current information, please contact Jeremy Noel, (949) 423-9800
