541 N Summit Avenue

Pasadena, CA 91103
$1,600,000
Welcome to this investment opportunity in the heart of City of Pasadena. This property features two (2) two-story buildings (Front and Back) with four (4) units total. Each building has 2 units (1st floor & 2nd floor). All four units are 100% occupied. Each unit features 2 bedrooms + denRead MoreRead Less
Property listed by T.N.G. Real Estate Consultants, Tiffany Huang 909-273-1994
Listing Snapshot
Days Online
4
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1965
MLS Number
PW25233422
Property Location Map
Additional Details
Building
Built in 1965, 2 buildings, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Sidewalks
Expenses
Insurance: $2,156.2, Operating: $29,705.4, Trash: $3,095.4, Water/Sewer: $8,114.8, Other Expense: $16,339
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $75,643.2, Net Operating Income: $45,937.8
Laundry
WasherHookup, GasDryerHookup
Lot
0.1603 acres, TwoToFiveUnitsAcre
Parking
4 carport spaces, 4 total parking spaces, Carport
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5725007002, Tax Block: B, Lot: 1
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Ryan Dobbs
Broker/Owner
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.