Homes for sale - 894 N Summit AVE, Pasadena, CA 91103

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,236 sqft

Price per Sqft $440

MLS Listing ID P1-19747

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1904

Lot Size 7,501 Sqft

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 compliance to address and satisfy their inquiries. If you're ready to take on a major project and unlock its value, this property is calling for you! DEADLINE TO SUBMIT OFFERS: 11/8/24, FRIDAY AT 6:00 PM.

Location

State CA

County Los Angeles

Area 645 - Pasadena (Nw)

Zoning RM-12

Rooms

Ensuite Laundry None

Interior

Interior Features All Bedrooms Down,Attic

Laundry Location None

Heating None

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Fence Chain Link

Pool None

Community Features Sidewalks

View Y/N No

View None

Porch Covered

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinklers None

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow,Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5725012004

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard