894 N Summit Avenue, Pasadena, CA 91103
-
Listed Price :
$545,000
-
Beds :
3
-
Baths :
1
-
Property Size :
1,236 sqft
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Year Built :
1904
Property Description
Investor's Dream Opportunity in Pasadena!BACK ON MARKET! BUYER CANNOT PERFORM! Discover endless potential with this 3-bedroom, 1-bathroom home nestled in a prime Pasadena neighborhood. It features a spacious backyard along with a classic California basement and attic for extra storage or potential expansion space. Impacted by a fire in June 2021, this property presents a unique opportunity for a bold investor with vision! Due to the current condition, this home is uninhabitable, making it a serious fixer-upper or an ideal teardown to create something new.This is an all-cash sale only and sold strictly 'as is'--no repairs will be made by the seller. Please respect the uninhabitable condition and refrain from visiting the property directly. The city of Pasadena has designated this property as RM-12 (Multi-Family Residential, Two Units Per Lot), presenting an incredible opportunity to maximize its investment potential. Investors can build additional units to significantly enhance the property's value and rental income. For homebuyers, it allows for the addition of another home, providing the option to live in one unit while renting out the other, further optimizing financial returns. Buyer/Investor to conduct their own due diligence regarding measurements, permits, and city compliance to address and satisfy their inquiries. If you're ready to take on a major project and unlock its value, this property is calling for you! DEADLINE TO SUBMIT OFFERS: 11/8/24, FRIDAY AT 6:00 PM.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
1 |
| Interior Information |
| Features |
All Bedrooms Down, Attic |
| Cooling Type |
None |
Listing Information
| Address |
894 N Summit Avenue |
| City |
Pasadena |
| State |
CA |
| Zip |
91103 |
| County |
Los Angeles |
| Listing Agent |
Amy Ponce DRE #01800793 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$545,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
1,236 |
| Lot Size |
7,500 |
| Year Built |
1904 |
Listing information courtesy of: Amy Ponce, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 3rd, 2024 at 8:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
