$1,125,000

826 N Summit Avenue, Pasadena, CA 91103

  • 3,658 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $308/sqft
  • Property List Date Icon Listed 2 days ago

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.

Listing Status:
Active
Date Added:
April 14, 2026
Data Last Updated:
April 16, 2026 at 6:06PM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Kian Maronde : 818-212-2651
MLS ID:
CL26724181
  • Parking: Other
  • County: Los Angeles
  • Zoning: PSR15725012011

This listing courtesy of Kian Maronde , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

James Madison Elementary School

515 E Ashtabula St, Pasadena, CA, 91104

Grades KG-5

0.41 miles away

O

Octavia E. Butler Magnet Middle School

1505 N Marengo Ave, Pasadena, CA, 91103

Grades 6-8

0.82 miles away

J

John Muir High School

1905 Lincoln Ave, Pasadena, CA, 91103

Grades 9-12

1.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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