842 N Summit Av,
Pasadena, CA 91103
在售房 $1,125,000 ($112.5萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

10009 平方英呎
(930平方米)

1950 年

1

暖: CF

2025年03月10日
已上市 26 天

地產編號: AR25052991
所處郡縣: LA
面積單價:$388.74/sq.ft ($4,184 / 平方米)
房屋簡介

This five-unit multi-family property offers a rare investment opportunity in one of Pasadena’s most desirable neighborhoods. Built in 1950, the property features six bedrooms and six bathrooms across 2,894 square feet of living space on a spacious 10,000- square-foot lot. With an annual gross rental revenue of approximately $80,000 and a net yearly income of around $50,000, this asset delivers strong cash flow. It has ample parking with approximately 9 private parking spaces and AC in each unit, enhancing tenant appeal. Investors may choose to maintain the property as a turnkey income generator or explore potential value-add improvements to further enhance rental income. Ideally located near Old Town Pasadena, the Rose Bowl, and key amenities, this property is perfect for 1031 exchange buyers, investors, or those looking to expand their rental portfolio.

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