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1063 N Summit Ave, Pasadena, CA 91103
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1063 N Summit Ave Pasadena, CA 91103

$1,350,000
  • 7 Beds
  • 4 Baths
  • 3,533 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 1063 N Summit Ave, Pasadena, CA 91103

Property Overview: 1063 N Summit Ave Pasadena, CA has 7 bedrooms, 4 bathrooms, 3,533 living square feet and 15,596 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional property boasting a wealth of opportunities. Situated on a sprawling 15,590-square-foot lot, this residence offers ample space and endless potential.Upon entering, you'll find three distinct units, each with its own charm and functionality. The first unit, located downstairs, features three spacious bedrooms and convenient backyard access through a backdoor. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout. Venture outside to the backyard oasis, where a separate structure awaits. This standalone unit, almost like an ADU (Accessory Dwelling Unit), features the final two bedrooms, offering privacy and versatility. Location truly sets this property apart, with close proximity to schools, parks, and scenic hiking trails. Indulge in the vibrant culture of nearby Old Town Pasadena, renowned for its charming atmosphere, eclectic shopping, and delectable dining options.

Listed by Elsa Araya | BRE #02061156 | Keyholder Estate
Last checked: 16 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 35
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Home details

Lot Sq. Ft
15,596
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24375453
City
Pasadena
County
Los Angeles
Time on Site
37 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 5
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $6,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1063 N Summit Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Parking Space
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5728003007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: straight on Mountain St, turn left on Summit
View more facts & features

Local Pasadena Agent

Sale History for 1063 N Summit Ave

View property's historical transactions

  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: 24375453

    $1,350,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: IN22172391

    $1,250,000

    Price

  • Aug 5, 2022

    Date

    Active

    CRMLS: IN22172391

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Calling out all INVESTORS!. This is a rare 4 unit property waiting for you to add your touches to it. Huge lot! This is a rare opportunity to own a 4-unit property so close to the Rose Bowl! This Pasadena gem is walking distance to the stadium, as well as all of the trendy shops and restaurants. You'll love the bones and character of this building, plus the hug lot! This is a one of a kind. WONT LAST LONG

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Tax History for 1063 N Summit Ave

Assessed Value (2020): $175,779
Year Land Value Improved Value Assessed Value
2020 $56,678 $119,101 $175,779

Home Value Compared to the Market

This property vs the competition

1063 N Summit Ave is listed 12.59% higher than the median list price for the city of Pasadena which has a median list price of $1,199,000. The median price per/sqft for Pasadena is $798 and this home is listed at $382.11 per/sqft which puts the price per square foot 52.12% lower than the median price per square foot for the city of Pasadena.

About 1063 N Summit Ave

Detailed summary of property

1063 N Summit Ave is a multi family located in Pasadena, CA 91103 and is currently for sale. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 3,533 living square feet, and sits on an approximately 15,596 square foot lot. 1063 N Summit Ave was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $1,350,000. The median priced home in Pasadena is $1,199,000 with a median price per square foot of $798. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 12.59% higher than the median priced home. Local competing homes currently for sale include 1455-1457 N Hill Ave, 314 N Holliston Ave and 1399-1401 N Bresee Ave. While the average home in Pasadena, CA is selling in 57 days, 1063 N Summit Ave has a days on market of 35 days. There are currently 258 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 75 of them are condos and 28 are townhomes. For more information on this home for sale at 1063 N Summit Ave Pasadena, CA 91103 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1063 N Summit Ave

Public county record property details
Beds
6
Baths
4
Year built
1947
Sq. Ft.
3,533
Lot Size
15,595
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5728-003-007

The source for these homes facts are from public records.

91103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,129,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$1,129,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
35
Median Sale to List Price %
100%
Avg Days on Market
32
Loan Type
Conventional (26.67%), FHA (0%), VA (0%), Cash (33.33%), Other (26.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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