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Sold on 07/11/2025
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1985 N Summit Ave N, Pasadena, CA 91103

$1,560,000

Last sold 07/11/2025 after 87 Days

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    bed

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    bath

Multi-family not for sale

About 1985 N Summit Ave N

Property type Multi-family
Neighborhood
Year built 1949
HOA fee $0/month
Lot size 8,906 Sqft
Parking 5 garage spaces
Rental estimate
Property description
Don’t miss this exceptional opportunity to own a fully upgraded Five units property offering spacious, modern units in a highly desirable area. Ideal for both investors and owner-users, each unit has been thoughtfully updated with high-end finishes and features that maximize comfort, functionality, and rental appeal. Interior Features Bright, open floorplans with abundant natural light, luxury vinyl tile flooring and fresh paint throughout. Brushed nickel hardware and fixtures. Updated kitchens with light quartz countertops, white shaker-style cabinetry, stainless steel sinks, generous pantry space, and new stoves. Bathrooms feature new tub/shower combos, modern vanities, 3-door medicine cabinets, and elegant brushed nickel lighting. Primary bedrooms include wall A/C units, large walk-in closets, and linen storage. Additional Highlights: 4 of 5 units offer washer/dryer hookups for added tenant convenience. One assigned parking space per unit. Prime Location: Located near major conveniences, including restaurants, grocery stores, and retail. Just minutes from the newly renovated Westfield Santa Anita Mall and with easy access to freeways, this property sits in a sought-after rental market with strong upside potential.
Listed by
Listing Agent - Monique Jones
Listing Agent Contact: 626-712-1701
Listing Office - RIDGEVIEW REALTY INV.,INC
Source: CRMLS mls logo
MLS#WS25080714 • last updated 1 year ago
Movoto checked CRMLS for data 6 minutes ago
Overview
Levels/Style Multi/Split
Type Residential Income
SubType Commercial/Residential
Status Pending
Lot Size (Acres) 0.2045
Lot Size (SqFt) 8906
Tax Area 7500
Property Tax 18786
Year Built 1949
Interior
Appliances Gas Oven, Water Heater
Interior Features Quartz Counters, Unfurnished
Exterior
Building Area Square Feet, 3776
# Carport Spaces 5
# Parking Spaces 10
# Garage Spaces 5
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Electric Electricity - Unknown
Pool None
Location
County Los Angeles
Community Features Sidewalks, Street Lights
Zoning PSR1
Directions Cross Streets Raymond And Montana
APN 5837003018
Multifamily Details
Expense: Trash 4080
Operating Expense 36146
Expense: Insurance 1400
Total Expenses 36146
Expense: Water/ Sewer 4080
Gross Income 10128
Gross Operating Income 121536
Gross Scheduled Income 121536
Expense: Gardener 2400
Rental est.: $2,252/month
Gross rent multiplier: 57.7
  • Jun 2025
    mls logo MLS # WS25080714
  • Jun 12, 2025 Pending
    —
  • May 21, 2025 Price Change
    $1,600,000 (-5.9%)
  • Apr 15, 2025 Listed
    $1,700,000
  • 1985 N Summit Ave N
    $1.56M
  • La Pintoresca Park
    $957K -10% y/y
  • 91103
    $938K -26% y/y
  • Pasadena
    $1.15M -9% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 1985 N Summit Ave N
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