Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

Quick Search

    839 Summit Avenue, Pasadena, CA 91103
    Image Gallery
    Property Photos
    839 Summit Avenue
    Contact Silva Babaian
    Contacting Silva Babaian
    • All fields are required.
    Schedule A Showing
    Schedule a Showing.
    • All fields are required.
    Check this box to Register with us:
    Request more information
    • MLS#: OC25017098 ( Condominium )
    • Street Address: 839 Summit Avenue
    • Viewed: 8
    • Price: $4,429,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1989
    • Bldg sqft: 0
    • Days On Market: 66
    • Additional Information
    • County: LOS ANGELES
    • City: Pasadena
    • Zipcode: 91103
    • Provided by: Wind Water, Inc
    • Contact: Jeremy Jeremy
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Introducing an exceptional opportunity to acquire Summit Apartments, a value add property located in the desirable Villa Parke community of Pasadena. 5 units ready for immediate move in including 3 units fully remodeled 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. 3 of 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.
    Request More Information
    • All fields are required.
    Features
    Accessibility Features
    1. Parking
    Appliances
    1. None
    Assessments
    1. None
    Association Fee
    1. 0.00
    Building Area Total
    1. 8902.00
    Commoninterest
    1. Condominium
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 17
    Current Financing
    1. Conventional
    Electric
    1. Electricity - On Property
    Fireplace Features
    1. None
    Flooring
    1. Laminate
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Heating
    1. Electric
    Insurance Expense
    1. 0.00
    Interior Features
    1. Living Room Balcony
    Laundry Equipment Own Lease
    1. Lease
    Laundry Features
    1. Common Area
    2. Community
    3. Individual Room
    4. Inside
    Levels
    1. Two
    Lockboxtype
    1. None
    Netoperatingincome
    1. 113400.00
    Number Of Separate Electric Meters
    1. 14
    Parcel Number
    1. 5725011017
    Parking Features
    1. Community Structure
    2. Covered
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 0.00
    Property Type
    1. Condominium
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 430891266:CRM
    Tenant Pays
    1. All Utilities
    2. Electricity
    Totalactualrent
    1. 182952.00
    Totalexpenses
    1. 67800.00
    Trash Expense
    1. 0.00
    Utilities
    1. Sewer Connected
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1989
    Year Built Source
    1. Assessor
    Zoning
    1. PSR1
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836