839 N Summit Avenue
Pasadena, CA 91103
Active for $4,429,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 14,992 sqft
| MLS | OC25017098 |
| Year Built | 1989 |
| Property Type | Condominium |
| County | Los Angeles |
| Status | Active |
| Active | $4,429,000 |
| Structure Size | N/A sqft |
| Lot Size | 14,992 sqft |
| Beds | N/A |
| Baths | N/A |
Description
Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 remodeled units ready for immediate move in 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. 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.
Listing information courtesy of: Jeremy Noel, Wind Water, Inc 949-423-9800. *Based on information from the Association of REALTORS/Multiple Listing as of 02/20/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Patricia Kluewer
REALTOR®
Direct: 818.384.9914
Email: Email Me
DRE: 01091410
DRE #01873088
.png){kind=small}