Bought with Romel Soltanian • The Art In Real Estate
$650,000
$545,000
19.3%For more information regarding the value of a property, please contact us for a free consultation.
894 N Summit Avenue Pasadena, CA 91103
3 Beds
1 Bath
1,236 SqFt
Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,236 sqft
Price per Sqft $525
MLS Listing ID CRP1-19747
Sold Date 11/22/24
Bedrooms 3
Full Baths 1
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1904
Lot Size 7,500 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 complian
Location
State CA
County Los Angeles
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Spaces 2.0
Pool None
View None
Private Pool false
Building
Story 1
Water Public
Architectural Style Bungalow, Traditional
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