See Home Value
$650,000
● House - Off Market

894 N Summit Avenue

Pasadena, CA 91103
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,236 Ft²
$2,677
Est. Monthly

About This Property

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. Send offers under 1 PDF file with POF to [email protected]. Thanks!
Unit Size
1,236 Ft²
Days on Market
28 days
Land Size
0.17 acres
Price per sqft
$441
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1904

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Last updated: 2 years ago (CRMLS #P1-19747)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Sold
Nov 13, 2024 In contract -
In contract
Nov 4, 2024 Relisted $545,000
Relisted
Oct 5, 2024 Listed by Coldwell Banker Realty $545,000
Listed by Coldwell Banker Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,236
  • Building Area: 1,236
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,236
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: RAY I PERRY TRACT LOT/SEC 2

Neighborhood

  • School District Name: Pasadena Unified School District
  • Census Tract: 462002

Zoning

  • Zoning: PSR1

Geography

  • Assessors Map Reference: 27-A2
  • Parcel: 5725-012-004
  • Lot: 2
  • Municipality: SOUTH DISTRICT OFFICE
  • Latitude: 34.1612
  • Longitude: -118.147

    Address

  • Full Address: 894 N Summit Ave
  • Address - House Number: 894
  • Street Direction: N
  • Address - Street Name: Summit
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Pasadena
  • Carrier Code: C027
  • 4-Digit Zip Code: 3155
  • Zip Code: 91103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $79,248
  • Tax Rate Code Area: 07-500

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 761,839
  • High Value: 937,536
  • Low Value: 586,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,619
  • Assessed Land Value: $15,519
  • Assessed Improvements Value: $100

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Pasadena


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Frequently Asked Questions

When was property at 894 North Summit Avenue built and last sold?
The property at 894 North Summit Avenue was built in 1904 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 894 North Summit Avenue is $568,968.
What are some comparable homes to 894 North Summit Avenue?
There are currently no comparable homes to 894 North Summit Avenue.

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