Alta Realty Group CA , Inc
Mike Beauregard, Realtor, Alta Realty Group CA , IncPhone: (858) 433-6869
Email: mike@mikebeauregard.com
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listing
1 of 20
MultifamilyFor Sale
$4,750,000
411 N Summit Avenue
Pasadena, CA 91103
Listing Provided Courtesy of Keller Williams Realty
MLS: San Diego Multiple Listing Service (SDMLS)
17,002Sq Ft
Est. Mortgage
$24,619/mo

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 e411 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.

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Listing Courtesy of Keller Williams Realty. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/20/2024 10:15 AM
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