826 N Summit Avenue, Pasadena, CA 91103
- $1,085,000
- 7
- BD
- 4
- BA
- 3,658
- SqFt
- Sold Price
- $1,085,000
- List Price
- $1,125,000
- Closing Date
- Apr 28, 2026
- Status
- CLOSED
- MLS#
- 26724181
- Year Built
- 1956
- Bedrooms
- 7
- Bathrooms
- 4
- Living Sq. Ft
- 3,658
- Lot Size
- 12,016
- Acres
- 0.28
- Days on Market
- 7
- Property Type
- Multifamily
- Stories
- One Level
Property Description
We are pleased to present a five (5) unit apartment building located at 826 N Summit Ave in Pasadena, California. The subject property is located in a prime Pasadena location, north of Orange Grove Blvd and east of Fair Oaks Ave. Located in a prime Pasadena location, the property features a desirable unit mix of three one-bedroom and two two-bedroom units, all within a unique single-story layout comprised of one standalone cottage and two duplex-style structures. The asset is separately metered for gas and electricity and offers on-site parking for tenants. Investors benefit from approximately 45% rental upside potential, presenting a strong value add opportunity. The property offers dominant access to key commercial corridors including Fair Oaks Ave, Orange Grove Blvd, Mountain St, and Los Robles Ave, along with convenient proximity to the Metro A Line. Immediate access to the 210, 134, and 110 freeways enhances connectivity, while nearby Old Town Pasadena and surrounding amenities provide strong tenant appeal. Altogether, the property presents a compelling investment opportunity driven by significant rental upside, strong underlying fundamentals, solid initial cash flow, and a highly sought-after Pasadena location that supports long-term growth and stability.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 5
Listing courtesy of Listing Agent: Kian Maronde (Kmaronde@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Listing sold by Kian Maronde from Marcus & Millichap
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.