894 N Summit Avenue
Pasadena, CA 91103
1236 sqft | 3 beds | 1 bath | 0.17 acres | #P1-19747
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. Send offers under 1 PDF file with POF to amyponce888@gmail.com. Thanks!
Property Details
- InteriorAllBedroomsDown, Attic
- Property SubtypeSingleFamilyResidence
- Lot DescriptionSprinklersNone
- Sewer InformationPublicSewer
- CountyLos Angeles
- Property TypePurchase
- Original List Price$545,000
- MLS #P1-19747
- MLS #P1-19747
- Acres0.1722
- Utility SourcePublic
- Cost545000
- Structure TypeHouse
- Square Feet1236
- Year Built1904
- Bedrooms3
- Bathrooms1
- Full Baths1
- Stories1
- Parking Spaces2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Amy Ponce (#p19821)
Listing Office: Coldwell Banker Realty (#PF243)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
