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20-Unit Apartment Building
New
For Sale
$4,600,000

1685 N Summit Avenue, Pasadena, CA 91103

Each residence has washer and dryer hookups, an individual water heater, and a private rear yard.

Property Size11,808 SF
Lot Size0.72 Acres
Price / SF$389.57
Days on Market5

Property Features for 1685 N Summit Avenue

General Information

Standard status Active
Size 11,808 SF
Total Parking Spaces 32
Lot size 0.72 Acres
Property subtype Apartment

Site & Location

Neighborhood The Front Porch Coalition
Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 20 x 1BR/1BA
Multifamily Units 20

Additional Details

Tenant in Place Yes

Amenities

washer/dryer hookups
individual hot water heaters
private rear yards

Building Details

Building Size 11,808 SF
Year Built 1921
Construction bungalow court
Listing Agency: Equity Union
Listed By: Raymond Rodriguez · License #01402283
Source: Archetyperealty
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 4 at 11:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union

Rey
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Investment Insights

Based on property information with market context.

This 20-unit apartment property in Pasadena contains approximately 11,808 square feet across a mix of apartment flats and detached bungalow-style residences. All units have one bedroom and one bathroom. Building improvements include updated interiors, vinyl windows, new roofs, and Siemens electrical main and sub-panels. Each residence has washer and dryer hookups and an individual water heater; private rear yards and 32 parking spaces are also provided. The property dates to 1921.

The approximately 31,514-square-foot site comprises two parcels, including a separate parcel of approximately 3,658 square feet. The property is at the corner of Summit Avenue and Penn Street in Northwest Pasadena. Nearby destinations include Old Pasadena, the Playhouse District, Rose Bowl, Arroyo Seco, and Washington Park. Regional connections include the 210, 134, and 110 Freeways and Metro A Line service.

Key Highlights

  • 20 one‑bedroom, one‑bathroom residences
  • Approximately 11,808 square feet of building area on an approximately 31,514‑square‑foot, two‑parcel site
  • 32 parking spaces and private rear yards

Property Analytics

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Lease Details

20
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

660
Businesses Nearby

Demographics for 91103, CA

26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has washer and dryer hookups, an individual water heater, and a private rear yard.
Where is this apartment building located?
The property is located at 1685 N Summit Avenue Pasadena, CA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 20 one‑bedroom, one‑bathroom residences; Approximately 11,808 square feet of building area on an approximately 31,514‑square‑foot, two‑parcel site; 32 parking spaces and private rear yards
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