Active

411 N Summit Avenue

Pasadena CA, 91103

$4,750,000


$412.29 per sqft

Active

11,521 sqft

Condo

Built in 1963

Listed by Andy Chan with Keller Williams Realty 626-204-3300

411 North Summit Avenue is a charming 18-unit garden-style apartment in Pasadena that has been well-maintained by the same owner for nearly 20 years. It has a stable operating history and is strategically located on the first block north of the 210 Freeway. It is west of North Marengo Avenue and east of North Raymond Avenue. It boasts an 86 "Walk Score" and a 98 "Bike Score".
The two-story property was built in 1963 on a slab foundation and boasts 11,521 rentable square feet. It is situated on a 17,002 square foot lot. It features a strong unit mix of four studios, ten one-bedroom/one-bathroom units, and four two-bedroom/one-bathroom units. The property offers on-site laundry (new machines were purchased last year) , and 19 parking spaces. There are 11 carport spaces, seven tuck-under spaces, and one open space. Seismic retrofit for tuck-under spaces has not been completed by the Seller.
Within the past 10 years, all the plumbing has been replaced with copper, the gas line was replaced, subpanels and main breakers were replaced, and all the shower tubs were replaced. Within the past five years, the roof was treated with a 50 year silicone recoating. Select units have been tastefully renovated with vinyl flooring, new cabinets, granite countertops, ceiling fans, recessed lighting, microwaves, and refinished showers and tubs. Select units also offer balconies. Units utilize wall air conditioning units, wall heaters, and individual tankless water heaters. The property is individually metered for gas and electricity. The Owner pays for water, trash, sewer, and common area gas and electricity. Buyer to verify all information provided.

PF23180675

MLS ID

September 1, 2023

Listed

February 16, 2024

Updated

Map

411 N Summit Avenue
Pasadena CA, 91103

Interior Features

Total Stories

2


Appliances

Dryer, Washer


Laundry Description

Common Area


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.39 Acres


Lot Features

Garden


Roof

Flat


Sewer

Unknown

Other Property Details

Area Name

645 - Pasadena (NW)


Days on Market

125


Garage

No


Parking Total

19


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR1


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

12/14/2023

Price Change

$4,750,000

-8%

Listing Contact: 626-204-3300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. 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 2/16/2024 at 4:21 AM UTC

 

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