839 N Summit Avenue
Pasadena, CA 91103
- – beds
- – baths
- – sqft
- 14,992 sqft lot
- 1989 build
- – on site
Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 remodeled units ready for immediate move in and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, each 1-bedroom, 1-bath. These vacant units have been fully renovated, boasting new floors, fresh paint, updated kitchens, and modern bathrooms allowing the new owner the flexibility to choose and put their own tenants in place right away.
Last checked:
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Last updated Feb 13, 2025
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MLS# OC25017098 —
The Building
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Year Built:1989
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:8902.00
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Building Area Units:Square Feet
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Total Number Of Units:14
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# of Buildings:1
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Stories Total:1
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Entry Level:1
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Accessibility Features:Parking
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Common Walls:2+ Common Walls
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# of Separate Electric Meters:14
Interior
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Features:Living Room Balcony
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Levels:Two
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Entry Location:1
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Flooring:Laminate
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Room Type:Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Common Area, Community, Individual Room, Inside
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Laundry:1
Location
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Directions:210 freeway to N Marengo, left on painter, right on Summit
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Latitude:34.16027700
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Longitude:-118.14800300
The Property
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Property Type:Residential Income
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Subtype:Condominium
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Zoning:PSR1
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Lot Size Area:14992.0000
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Lot Size Acres:0.3442
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Lot Size SqFt:14992.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:U
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Tax Census Tract:4620.02
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Tax Tract:1
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Tax Lot:54
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5725011017
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:No
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Cooling:None
Utilities
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Utilities:Sewer Connected
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Sewer:Public Sewer
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Electric:Electricity - On Property
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Water Source:Public
Appliances
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Appliances:None
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Included:No
The Community
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Features:Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Community Structure, Covered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/12/25
Feb 12, 2025
|
Listed / Active | CRMLS_CA | $4,429,000 | 16.6% (6.1% / YR) |
6/2/22
Jun 2, 2022
|
CRMLS_CA | $3,800,000 | -1.3% | |
3/8/22
Mar 8, 2022
|
CRMLS_CA | $3,850,000 |