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926 N Summit Avenue

Pasadena, CA 91103
  • $2,499,999
  • STATUS: ACTIVE
  • ON SITE: 53 Days
  • ID#: PW23191860
UPDATED: 51 min ago
$2,499,999
  • 8
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

**Stunning Craftsman-style 4-Plex in Desirable NW Pasadena** Welcome to this beautiful Craftsman-style 4-plex, a true gem nestled in the sought-after NW Pasadena neighborhood! This exceptional property offers an expansive lot size with three distinct structures, ensuring privacy as none of them are attached or share any walls. With its tasteful renovations and remodeling, this property is a prime example of both classic charm and contemporary living. **Property Highlights:** The front Craftsman home has been thoughtfully split into two separate units, each with its own private entrance. Both units have been elegantly updated with sleek contemporary finishes and modern upgrades. The property is currently fully occupied, making it a fantastic income-generating opportunity right from the start. All appliances in both units are included in the sale. Both units are covered by an AHS warranty, providing peace of mind for all appliances. split-air AC and heating ensure year-round comfort for tenants. The back 2 units were taken down to the studs and meticulously rebuilt approximately 3 years ago. The renovations have transformed these units into modern living spaces with top-quality amenities. Each unit comes equipped with its own heating and cooling system, enhancing tenant comfort. Ample onsite parking is available for residents and guests. **Endless Possibilities:** The versatility of this property opens up numerous possibilities: Investors can enjoy a steady stream of rental income from all units. Live in the front Craftsman home and let the back two units generate rental inco **Stunning Craftsman-style 4-Plex in Desirable NW Pasadena** Welcome to this beautiful Craftsman-style 4-plex, a true gem nestled in the sought-after NW Pasadena neighborhood! This exceptional property offers an expansive lot size with three distinct structures, ensuring privacy as none of them are attached or share any walls. With its tasteful renovations and remodeling, this property is a prime example of both classic charm and contemporary living. **Property Highlights:** The front Craftsman home has been thoughtfully split into two separate units, each with its own private entrance. Both units have been elegantly updated with sleek contemporary finishes and modern upgrades. The property is currently fully occupied, making it a fantastic income-generating opportunity right from the start. All appliances in both units are included in the sale. Both units are covered by an AHS warranty, providing peace of mind for all appliances. split-air AC and heating ensure year-round comfort for tenants. The back 2 units were taken down to the studs and meticulously rebuilt approximately 3 years ago. The renovations have transformed these units into modern living spaces with top-quality amenities. Each unit comes equipped with its own heating and cooling system, enhancing tenant comfort. Ample onsite parking is available for residents and guests. **Endless Possibilities:** The versatility of this property opens up numerous possibilities: Investors can enjoy a steady stream of rental income from all units. Live in the front Craftsman home and let the back two units generate rental income. Utilize one unit as a home office or studio while renting out the others. Take advantage of the current full occupancy or consider other leasing arrangements. **Ideal Location:** Conveniently located near amenities, retail shops, and shopping centers, this property offers the best of Pasadena living. Enjoy easy access to everything you need while residing in a quiet, tree-lined neighborhood. Don't miss out on this unique opportunity to own a beautifully updated Craftsman-style 4-plex in NW Pasadena. Whether you're an investor looking for income potential or a homeowner seeking a multi-generational living solution, this property is a must-see. Contact us today to schedule a private viewing and explore all that this exceptional property has to offer!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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926 N Summit Avenue Pasadena, CA 91103

  • Price: $2,499,999
  • Status: ACTIVE
  • On Site: 53 Days
  • Updated: 51 min ago
  • ID#: PW23191860
8
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Pasadena (91103)
County:
Los Angeles
Area:
Pasadena (91103)
Property Description
**Stunning Craftsman-style 4-Plex in Desirable NW Pasadena** Welcome to this beautiful Craftsman-style 4-plex, a true gem nestled in the sought-after NW Pasadena neighborhood! This exceptional property offers an expansive lot size with three distinct structures, ensuring privacy as none of them are attached or share any walls. With its tasteful renovations and remodeling, this property is a prime example of both classic charm and contemporary living. **Property Highlights:** The front Craftsman home has been thoughtfully split into two separate units, each with its own private entrance. Both units have been elegantly updated with sleek contemporary finishes and modern upgrades. The property is currently fully occupied, making it a fantastic income-generating opportunity right from the start. All appliances in both units are included in the sale. Both units are covered by an AHS warranty, providing peace of mind for all appliances. split-air AC and heating ensure year-round comfort for tenants. The back 2 units were taken down to the studs and meticulously rebuilt approximately 3 years ago. The renovations have transformed these units into modern living spaces with top-quality amenities. Each unit comes equipped with its own heating and cooling system, enhancing tenant comfort. Ample onsite parking is available for residents and guests. **Endless Possibilities:** The versatility of this property opens up numerous possibilities: Investors can enjoy a steady stream of rental income from all units. Live in the front Craftsman home and let the back two units generate rental inco **Stunning Craftsman-style 4-Plex in Desirable NW Pasadena** Welcome to this beautiful Craftsman-style 4-plex, a true gem nestled in the sought-after NW Pasadena neighborhood! This exceptional property offers an expansive lot size with three distinct structures, ensuring privacy as none of them are attached or share any walls. With its tasteful renovations and remodeling, this property is a prime example of both classic charm and contemporary living. **Property Highlights:** The front Craftsman home has been thoughtfully split into two separate units, each with its own private entrance. Both units have been elegantly updated with sleek contemporary finishes and modern upgrades. The property is currently fully occupied, making it a fantastic income-generating opportunity right from the start. All appliances in both units are included in the sale. Both units are covered by an AHS warranty, providing peace of mind for all appliances. split-air AC and heating ensure year-round comfort for tenants. The back 2 units were taken down to the studs and meticulously rebuilt approximately 3 years ago. The renovations have transformed these units into modern living spaces with top-quality amenities. Each unit comes equipped with its own heating and cooling system, enhancing tenant comfort. Ample onsite parking is available for residents and guests. **Endless Possibilities:** The versatility of this property opens up numerous possibilities: Investors can enjoy a steady stream of rental income from all units. Live in the front Craftsman home and let the back two units generate rental income. Utilize one unit as a home office or studio while renting out the others. Take advantage of the current full occupancy or consider other leasing arrangements. **Ideal Location:** Conveniently located near amenities, retail shops, and shopping centers, this property offers the best of Pasadena living. Enjoy easy access to everything you need while residing in a quiet, tree-lined neighborhood. Don't miss out on this unique opportunity to own a beautifully updated Craftsman-style 4-plex in NW Pasadena. Whether you're an investor looking for income potential or a homeowner seeking a multi-generational living solution, this property is a must-see. Contact us today to schedule a private viewing and explore all that this exceptional property has to offer!
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks

Interior Features

Cooling Wall/Window Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Actual Cap Rate 4.98 Annual Expense Actual 12514 Buildings 3 Cfd Mello Roos Fee 1090.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 20.05 Gross Scheduled Income Actual 124711 Monthly Total Fees 90 Terms ConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3033.0 Unit2 Rent Actual 1695.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 2970.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Sunny Khan of Realuxe Real Estate Group: 310-493-8125. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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