Pending

894 N Summit Avenue

Pasadena CA, 91103

$545,000


$440.94 per sqft

Pending

3 Beds

1 Bath

1,236 sqft

Residential

Built in 1904

Listed by Amy Ponce with Coldwell Banker Realty [email protected]

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. Send offers under 1 PDF file with POF to [email protected]. Thanks!

P1-19747

MLS ID

October 25, 2024

Listed

November 12, 2024

Updated

Map

894 N Summit Avenue
Pasadena CA, 91103

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

1


Full Bathrooms

1


Interior Features

All Bedrooms Down, Attic


Laundry Description

None


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Sprinklers None


Architectual Style

Bungalow, Traditional


Sewer

Public Sewer

Other Property Details

Area Name

645 - Pasadena (NW)


Days on Market

16


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

RM-12

Listing Contact: (626) 449-5222 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/12/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/12/2024 at 7:51 PM UTC

 

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