411 N Summit Ave Pasadena, CA 91103

$--

18 Beds
18 Baths
11,521 Sq.Ft.

Off Market

Map preview of 411 N Summit Ave, Pasadena, CA 91103

Property Overview: 411 N Summit Ave Pasadena, CA has 18 bedrooms, 18 bathrooms, 11,521 living square feet and 17,002 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

411 N Summit Ave is currently an off market home in the city of Pasadena. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pasadena has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756. With those numbers in mind, if you are looking to purchase a median priced home in Pasadena, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pasadena the commission could be as much as $60,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 411 N Summit Ave

Last sold on April 3rd, 2017

February, 2024
Feb 29, 2024

Date

Expired

CRMLS: PF23180675

$4,750,000

Price
Sep 27, 2023

Date

Active

CRMLS: PF23180675

$5,130,000

Price
Listing provided courtesy of CRMLS

411 North Summit Avenue is a charming 18-unit garden-style apartment in Pasadena that has been well-maintained by the same owner for nearly 20 years. It has a stable operating history and is strategically located on the first block north of the 210 Freeway. It is west of North Marengo Avenue and east of North Raymond Avenue. It boasts an 86 “Walk Score” and a 98 “Bike Score”. The two-story property was built in 1963 on a slab foundation and boasts 11,521 rentable square feet. It is situated on a 17,002 square foot lot. It features a strong unit mix of four studios, ten one-bedroom/one-bathroom units, and four two-bedroom/one-bathroom units. The property offers on-site laundry (new machines were purchased last year) , and 19 parking spaces. There are 11 carport spaces, seven tuck-under spaces, and one open space. Seismic retrofit for tuck-under spaces has not been completed by the Seller. Within the past 10 years, all the plumbing has been replaced with copper, the gas line was replaced, subpanels and main breakers were replaced, and all the shower tubs were replaced. Within the past five years, the roof was treated with a 50 year silicone recoating. Select units have been tastefully renovated with vinyl flooring, new cabinets, granite countertops, ceiling fans, recessed lighting, microwaves, and refinished showers and tubs. Select units also offer balconies. Units utilize wall air conditioning units, wall heaters, and individual tankless water heaters. The property is individually metered for gas and electricity. The Owner pays for water, trash, sewer, and common area gas and electricity. Buyer to verify all information provided.

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April, 2017
Apr 3, 2017

Date

Sold (Public Records)

Public Records

--

Price
July, 2006
Jul 11, 2006

Date

Sold (Public Records)

Public Records

$2,000,000

Price

Tax History for 411 N Summit Ave

Assessed Value (2020): $2,451,625

Year	Land Value	Improved Value	Assessed Value
2020	$1,347,569	$1,104,056	$2,451,625

About 411 N Summit Ave

Detailed summary of property

411 N Summit Ave is categorized with a use code of Apartment House (5+ Units) in Pasadena, CA 91103 and is currently off market. This property has 18 bedrooms, 18 bathrooms, roughly 11,521 living square feet, and sits on an approximately 17,002 square foot lot. Homes in Pasadena are selling for a median price of $1,200,000 and a median price per square foot of $781. Local nearby listings include 217 S Marengo Ave #202, 139 S Los Robles Ave #302 and 300 N El Molino Ave #107. The average home in Pasadena, CA is selling in 57 days. There are currently 334 homes for sale in the Pasadena real estate market and 175 of them are single family homes while 122 of them are condos and 37 are townhomes. If you are the homeowner and looking to sell the home at 411 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 411 N Summit Ave

Public county record property details

Beds: 18
Baths: 18
Year built: 1963
Sq. Ft.: 11,521
Lot Size: 17,002
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11,12
APN: 5725-016-017

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

$1,099,000

Median List Price/Sq.Ft.

$845

Median Sold Price

$1,565,000

Median Sold Price/Sq.Ft.

$696

Total Inventory

Median Sale to List Price %

130.53%

Avg Days on Market

Loan Type

Conventional (23.08%), FHA (0%), VA (0%), Cash (53.85%), Other (7.69%)

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