$4,429,000

839 N Summit Ave Pasadena, CA 91103

0.3 acres
Condo

Property details

About 839 N Summit Ave

Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena. 5 remodeled units ready for immediate move in and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, each 1-bedroom, 1-bath. These vacant units have been fully renovated, boasting new floors, fresh paint, updated kitchens, and modern bathrooms allowing the new owner the flexibility to choose and put their own tenants in place right away.

Highlights

Home typeCondominium
HeatingElectric
StatusActive
Lot size0.3442 Acres
Year built1989
ParkingCovered, Community Structure
MLS #OC25017098

Summary

  • MLS Number: OC25017098
  • MLS Name: CRMLS
  • Office Name: Wind Water, Inc
  • Office Phone: (949) 423-9800
  • Listing Agent: Jeremy Noel

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/25/2025, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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interior space with dark wood finished floors, a sink, white cabinetry, and baseboards

$4,429,000

839 N Summit Ave

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Price information

Property sales

DateEventPrice
Jun 02, 2022
Home Sold
$3,800,000
Oct 13, 2016
Home Sold
$2,550,000
Nov 16, 2012
Home Sold
$1,828,000
Jun 10, 2005
Home Sold
$1,745,000
Sep 16, 2004
Home Sold
$1,450,000
Apr 04, 2000
Home Sold
$458,000
Mar 10, 1995
Home Sold
$400,000

Tax history

YearAssessmentProperty Tax
2024$3,961,130$46,437
2023$3,883,610$46,057
2022$2,796,406$33,468
2021$2,741,724$32,112
2020$2,706,080$30,939
2019$2,653,020$31,437
2018$2,601,000$33,650
2017$2,550,000$33,650

History based on county public records data.

Nearby schools

4

James Madison Elementary School

Public District KG-5

0.5 mi

515 E Ashtabula St

3

Washington Elementary STEM Magnet School

Public District KG-5

0.8 mi

1520 N Raymond Ave

6

Longfellow Magnet School

Public District KG-5

1.3 mi

1065 E Washington Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,892. Most Pasadena, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
46%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
25%
Single, with Kids
9%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
11%
12-17 yrs old
33%
18-34 yrs old
32%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • H&MH&M
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Boston MarketBoston Market
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • HondaHonda
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 839 N Summit Ave

This home is located at 839 N Summit Ave in Pasadena, CA and zip code 91103 in the The Verdugos neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $4,429,000.

Pasadena, CA housing market in January 2025 saw over 22 listings sold above listed price, more than 9 sold at listed price and over 23 sold below. The number of listings in Pasadena, CA increased by 16.2% between December and January 2025. The median list price of listings available in January 2025 was $1,218,933, while the average time on the real estate market was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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