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$4,600,000
 $24,694 est/mo Sourced by Back At You

1685 N Summit Avenue,Pasadena, CA 91103

Pasadena, CA 91103

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Description

1685 N. Summit Avenue presents a 20-unit multifamily investment opportunity. The property contains approximately 11,808 square feet of building area on a combined approximately 31,514-square-foot site consisting of two parcels (APNs 5837-006-016 and 5837-006-002). Situated at the corner of Summit Avenue and Penn Street, this bungalow court community offers vintage Pasadena character, in-place income, and rental upside potential. The property features a uniform unit mix of twenty one-bedroom, one-bathroom residences, arranged as a combination of apartment flats and private bungalows. Property features updated interiors, washer and dryer hookups in every unit, individual hot water heaters, private rear yards, and 32 parking spaces. Additional improvements noted in the property setup include new roofs, vinyl windows, and new Siemens electrical main and sub-panels. Further enhancing the offering is a separate approximately 3,658-square-foot parcel (APN 5837-006-002), adding another element to the investment. Buyers should independently verify parcel boundaries, zoning, permitted uses, and any future development potential with the City of Pasadena. Located in Northwest Pasadena, the property is near Old Pasadena, the Playhouse District, the Rose Bowl, Arroyo Seco, and Washington Park. Nearby employment, educational, and research institutions include NASA's Jet Propulsion Laboratory, Caltech, Huntington Hospital, and Pasadena City College. The 210, 134, and 110 Freeways and nearby Metro A Line service provide regional transportation options throughout Los Angeles County.

Details

MLS #SR26235935
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1921
Days On Site13
Listing Provided ByEquity Union | Raymond Rodriguez

Features

SQ Feet11,808
Garage32
Story(s)2
Units20
Building(s)7
Acreage0.72

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesUrban

Area Information

StateCA
CountyLos Angeles
CityPasadena
Zip Code91103
Area645 Pasadena (NW)
Listing VS Median (in 91103)
Price:
$4,600,000
low | high
Med:
$1,054,500
100% of Average
sqft:
11,808
low | high
Med:
1,274
100% of Average
$ / sqft:
$390
low | high
Med:
$828
62.482108310908% of Average
On site:
13
low | high
Med:
1.5
100% of Average
Sourced by Back At You

Market Activity 91103

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityPasadena
Zip Code91103
Area645 Pasadena (NW)
Listing VS Median (in 91103)
Price:
$4,600,000
low | high
Med:
$1,054,500
100% of Average
sqft:
11,808
low | high
Med:
1,274
100% of Average
$ / sqft:
$390
low | high
Med:
$828
62.482108310908% of Average
On site:
13
low | high
Med:
1.5
100% of Average
Sourced by Back At You
Listing Updated: November 3, 2026 at 11:30:46 AM PST

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