Pasadena, CA 91103 541 N Summit Avenue
$1,350,000
Pending
36 more
Presented By: Remoun Said with Keller Williams Pacific Estate; 562-762-8581
Beds • 8
Baths • 1
SQFT • 3,700
Garage • 4
Home Details
Welcome to your investment opportunity in the desirable city of Pasadena. This property features (2) two-story buildings with 4 units total, situated on a 6,982 Sq. Ft. Lot.
Each building has an upstairs and downstairs unit. Total of 4 units with 100% occupancy.
Each of the (4) units are 2 bedrooms + den (used as 3rd bedroom), and 1 bathroom. Each unit features indoor laundry hookups, a/c wall units, and its own parking spot in the back carport.
Full exterior has been painted. The property features a long driveway, each building has a small yard area in front of each one, and a carport towards the back. Sold as-is with tenants in place.
The property is conveniently located minutes from many local landmarks, parks, shopping centers, and Metro line.
Presented By: Remoun Said with Keller Williams Pacific Estate; 562-762-8581
Interior Features for 541 N Summit Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NNo
Laundry FeaturesInKitchen
Total Stories2
Other Rooms
Entry Level1
General for 541 N Summit Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CityPasadena
Community FeaturesCurbs, Golf, Park, StreetLights, Sidewalks
CoolingWallWindowUnits
CountyLos Angeles
Days on Market35
DirectionsNorth of the 210, East of Fair Oaks Ave
Entry LocationFront
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income71640.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense2380.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6982.0
Lot Size UnitsSquareFeet
MLS Area645 - Pasadena (NW)
MobileHomeRemainsYNNo
Net Operating Income56460.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Operating Expense16980.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tax Lot1
Tenant PaysElectricity, Gas
TermsCash, CashtoNewLoan, Conventional, FHA203b, FHA203k, FHA, FannieMae, FreddieMac, VALoan
Total Actual Rent5970.0
Trash Expense3600.0
View Y/NNo
Water Sewer Expense11000.0
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningPSR1
Exterior for 541 N Summit Avenue
Building Area Total3700.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.1603
Lot Size Area6982.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesCarport, DetachedCarport
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480