3 months on rocket

922 N Summit Ave, Pasadena, CA, 91103

$2,295,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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922 N Summit Ave, Pasadena$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1896
MLS #GD24015743
Lot Size0.23 Acres
StatusActive

About 922 N Summit Ave

Welcome to this exceptional multi-family home in the highly desirable neighborhood of Pasadena! This property boasts a total of 9 bedrooms and 4 bathrooms spread across 4 units, making it a fantastic investment opportunity.**Title is showing 7 bedroom, 4 bathroom!! Let's delve into the unique features and offerings of this property: Unit Breakdown:Unit 1 (1 Bed, 1 Bath): Generating a monthly income of 1,695.Unit 2 (2 Bed, 1 Bath): Generating a monthly rental income of $2,695.Unit 3 (2 Bed, 1 Bath plus a den converted into a bedroom): Generating a monthly income of $3,495.Unit 4 (2 Bed, 1 Bath plus a den converted into a bedroom): This unit generates a monthly income of $2,970. This property is upgraded with all-new plumbing and electrical fixtures. You won't have to worry about old pipes or wiring issues – it's all fresh and ready to go! Also the property has received a fresh look with a newly repainted exterior, including the parking lot, in August 2023. Plus, all vinyl fences on the premises are brand new.The middle and back units have recently received a brand-new roof, providing added durability and peace of mind. The owner has committed to taking care of the front unit's roof for the buyer, showcasing a commitment to property maintenance. Each unit is designed to be light and bright, creating a welcoming and comfortable living environment for tenants.The property is equipped with tankless water system, all-new appliances. With a mix of unit sizes and rental incomes, this property presents a great investment opportunity for those looking to expand their real estate portfolio.Don't miss out on this incredible opportunity to own a multi-family home with a blend of versatility, modern amenities, and strong rental potential! Contact me today to schedule a viewing.

Property Details

Property Features

Property Information:

  • Year Built: 1896
  • Stories: 2

Listing Office:

  • Office Name: Coldwell Banker Hallmark
  • Office Email: migibarfian@gmail.com
  • Listing Agent: Miganoush Barfian Namagerdi

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • John Muir High School, Public District Grades 9-12
  • Marshall Fundamental, Public District Grades 6-12
  • Washington Middle School, Public District Grades 6-8
  • Washington Accelerated Elementary School, Public District Grades KG-5
  • Norma Coombs Alternative, Public District Grades KG-5
  • Don Benito Fundamental, Public District Grades KG-5

Other

Directions Information:

  • Directions: use google maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
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Housing Market Comparison

See how this home compares to others in Pasadena, CA.

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Pasadena, CA

City

Med. Sold Price

$1.1M

Med. Price/SqFt

$739

Avg. Days On Market

30

# of Sold Homes

71

922 N Summit Ave vs Pasadena

95 DAYS ON ROCKET

+65 Days

$2,295,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price in Pasadena, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24015743

Listing Office:

  • Office Name: Coldwell Banker Hallmark
  • Office Email: migibarfian@gmail.com
  • Listing Agent: Miganoush Barfian Namagerdi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4070920
3
/10

  • Washington Accelerated Elementary School

  • 1520 N Raymond Ave

  • 0.70 miles

  • Public District Grades KG-5

school-card-donut-4070921
7
/10

  • Norma Coombs Alternative

  • 2600 Paloma St

  • 2.90 miles

  • Public District Grades KG-5

school-card-donut-4070922
6
/10

  • Don Benito Fundamental

  • 3700 Denair St

  • 4.34 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4070923
3
/10

  • Washington Middle School

  • 1505 N Marengo Ave

  • 0.65 miles

  • Public District Grades 6-8

High School

school-card-donut-4070924
3
/10

  • John Muir High School

  • 1905 Lincoln Ave

  • 1.37 miles

  • Public District Grades 9-12

school-card-donut-4070925
5
/10

  • Marshall Fundamental

  • 990 N Allen Ave

  • 1.98 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,892. Typical income of Pasadena, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Pasadena›91103›922 N Summit Ave

This home is located at 922 N Summit Ave in Pasadena, CA and zip code 91103 in the The Verdugos neighborhood. This home, which was built in 1896, sits on a 0.23 acre lot. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $2,295,000.

While more than 42 listings in Pasadena, CA in March 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 22 were sold below. In March 2024 in Pasadena, CA there were 2.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $1,181,486.

From Rocket Homes Real Estate and based on county public records data.

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