868 N Summit Avenue, Pasadena, CA Not Provided

$1,030,000
Sold Price
$1,030,000
List Price
$1,075,000
Closing Date
May 27, 2021
Status
CLOSED
MLS#
P1-1856
Year Built
1956
Lot Size
9,001
Acres
0.21
Lot Location
Sprinklers None
Days on Market
0
Property Type
Multifamily
Style
Craftsman
Property Sub Type
Quadruplex
Stories
One Level
Neighborhood
Not Applicable

Property Description

A fantastic income producing opportunity in one of the best cities in So Cal. This NW Pasadena 4plex is primed for long term investment opportunity perfect for 1st time investors. Mixed combo of units made up of a front unit w/3bd+1ba, middle unit with 2bd+1ba and attached smaller units with 1bd+1ba each. Lots of original detail surround this property and an expanded lot, each unit having plenty of secured parking spaces. With Pasadena's growth in commerce, transportation, population, and popularity this will definitely be a profitable long term investment.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Roof
Composition
Sewer
Sewer Tap Paid
Water
Private
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$50,100
Operating Expense
14173

Listing courtesy of Listing Agent: Alexander Lozano (alex.lozano@compass.com) from Listing Office: COMPASS.

Listing sold by Ramiro Rivas from The Agency

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.