Pasadena, CA 91103 1063 N Summit Avenue
$1,080,000
14 more
Presented By: Teresa Taylor with Keyholder Estate;
Home Details
Investors, 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. On the property you will find four distinct units, the first unit, located downstairs, features three spacious bedrooms, den area and large kitchen with convenient backyard access. Upstairs, you'll discover two additional units, one offering two bedrooms and the other a cozy one-bedroom layout. Detached from the main unit is a separate standalone unit which features two bedrooms recently updated. The lot size and endless possibilities truly set this property apart along with the future rental upside and the close proximity to Old Town Pasadena, renowned for its charming atmosphere, eclectic shopping, and delectable dining options.
Presented By: Teresa Taylor with Keyholder Estate;
Interior Features for 1063 N Summit Avenue
Bedrooms
Total Bedrooms7
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Total Stories
General for 1063 N Summit Avenue
Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Cap Rate4.5
Carport Y/NNo
CityPasadena
CoolingNone
CountyLos Angeles
Days on Market157
Directionsstraight on Mountain St, turn left on Summit
Full Baths
Garage Y/NNo
Gross Income6200.0
HeatingNone
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet15596.0
Lot Size UnitsSquareFeet
MLS Area645 - Pasadena (NW)
MobileHomeRemainsYNNo
Net Operating Income5400.0
New ConstructionNo
NumberOfUnitsTotal4
Occupancy TypeTenant
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tenant PaysElectricity, Gas
ViewNone
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1947
ZoningPSR1
Exterior for 1063 N Summit Avenue
Building Area Total3533.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.358
Lot Size Area15596.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDriveway, OneSpace
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480