894 N Summit Avenue Pending

Pasadena,CA 91103

$ 545000

3 Beds

1 Bath

1236 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 1,236 sqft

Price per Sqft $440

MLS Listing ID CRP1-19747

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1904

Lot Size 7,500 Sqft

Acres 0.1722

Property Description

Investor's Dream Opportunity in Pasadena!BACK ON MARKET! BUYER CANNOT PERFORM! Discover endless potential with this 3-bedroom, 1-bathroom home nestled in a prime Pasadena neighborhood. It features a spacious backyard along with a classic California basement and attic for extra storage or potential expansion space. Impacted by a fire in June 2021, this property presents a unique opportunity for a bold investor with vision! Due to the current condition, this home is uninhabitable, making it a serious fixer-upper or an ideal teardown to create something new.This is an all-cash sale only and sold strictly 'as is'--no repairs will be made by the seller. Please respect the uninhabitable condition and refrain from visiting the property directly. The city of Pasadena has designated this property as RM-12 (Multi-Family Residential, Two Units Per Lot), presenting an incredible opportunity to maximize its investment potential. Investors can build additional units to significantly enhance the property's value and rental income. For homebuyers, it allows for the addition of another home, providing the option to live in one unit while renting out the other, further optimizing financial returns. Buyer/Investor to conduct their own due diligence regarding measurements, permits, and city complian

Location

State CA

County Los Angeles

Area Listing

Zoning RM-1

Interior

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Pool None

View Y/N false

View None

Total Parking Spaces 2

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Bungalow,Traditional

Level or Stories One Story

New Construction No

Others

Tax ID 5725012004

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