6
See all 6 photos
$650,000
$545,000 19.3%
Est. payment /mo
3 BD
1 BA
1,236 SqFt
Sold on 11/22/2024
894 N Summit AVE Pasadena, CA 91103
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UPDATED:
Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,236 sqft
Price per Sqft $525
MLS Listing ID P1-19747
Bedrooms 3
Full Baths 1
Year Built 1904
Lot Size 7,501 Sqft
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. Send offers under 1 PDF file with POF to amyponce888@gmail.com. Thanks!
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning RM-12
Interior
Heating None
Cooling None
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Chain Link
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Sprinklers None
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Amy Ponce • Coldwell Banker Realty • amyponce888@gmail.com
Bought with Romel Soltanian • The Art In Real Estate
Bought with Romel Soltanian • The Art In Real Estate
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