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Pasadena Multifamily Investment Opportunity

826 N Summit Ave, Pasadena, CA 91103

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For Sale

$1,125,000

Five-unit apartment building in prime Pasadena location with rental upside.

Type:Multifamily

HighLights

Prime Pasadena location north of Orange Grove Blvd and east of Fair Oaks Ave.
Significant rental upside potential (approximately 45%).
Desirable unit mix: three 1‑bedroom and two 2‑bedroom units.
Unique single‑story layout with a standalone cottage and two duplex‑style structures.
Separately metered for gas and electricity.
Convenient access to the Metro A Line and the 210, 134, and 110 freeways.

We can help!

Listing Contact

Kian Maronde

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For Sale

$1,125,000

Five-unit apartment building in prime Pasadena location with rental upside.

Type:Multifamily

Added:: Apr 16, 2026
Days on Market:: 65
Last Refresh:: Apr 16 at 8:11 pm

Property Features for 826 N Summit Ave

General Information

Standard status: Active
Property subtype: Multifamily

We can help!

Listing Contact

Kian Maronde

Listing agent Kian Maronde License #CA: 01952189

Listing office Encino Office

Listing date Apr 16, 2026

Source Marcusmillichap

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 Encino Office

HighLights

Prime Pasadena location north of Orange Grove Blvd and east of Fair Oaks Ave.
Significant rental upside potential (approximately 45%).
Desirable unit mix: three 1‑bedroom and two 2‑bedroom units.
Unique single‑story layout with a standalone cottage and two duplex‑style structures.
Separately metered for gas and electricity.
Convenient access to the Metro A Line and the 210, 134, and 110 freeways.

Overview

Located at 826 N Summit Ave in Pasadena, California, this five-unit apartment building offers a compelling investment opportunity. The property is situated in a prime location, north of Orange Grove Blvd and east of Fair Oaks Ave. The unit mix consists of three one-bedroom and two two-bedroom units, all within a single-story layout that includes one standalone cottage and two duplex-style structures. The property is separately metered for gas and electricity and provides on-site parking for tenants. Investors can benefit from approximately 45% rental upside potential, presenting a value-add opportunity. The property offers access to commercial corridors including Fair Oaks Ave, Orange Grove Blvd, Mountain St, and Los Robles Ave, along with proximity to the Metro A Line. Access to the 210, 134, and 110 freeways enhances connectivity, while nearby Old Town Pasadena and surrounding amenities provide tenant appeal. The property offers rental upside, underlying fundamentals, initial cash flow, and a Pasadena location that supports long-term growth and stability.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Pasadena
County: Los Angeles
State: California
Longitude: -118.1471418
Latitude: 34.1600536

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For sale
Apartment buildings
CA
Pasadena
91103
826 N Summit Ave

What type of property is this?

Apartment building - Five-unit apartment building in prime Pasadena location with rental upside.

Where is this apartment building located?

The property is located at 826 N Summit Ave Pasadena, CA.

What is the asking price?

The asking price for this property is $1,125,000.

What are key features of this property?

This property features: Prime Pasadena location north of Orange Grove Blvd and east of Fair Oaks Ave.; Significant rental upside potential (approximately 45%).; Desirable unit mix: three 1‑bedroom and two 2‑bedroom units.

826 N Summit Ave, Pasadena, CA 91103

Five-unit apartment building in prime Pasadena location with rental upside.

Property Features for 826 N Summit Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Corner-Unit Triplex with Courtyard

Corner Triplex with Courtyard

Pasadena Duplex: Versatile Redevelopment Opportunity

Pasadena Quadruplex with Upside Potential

Pasadena Triplex with Development Potential

Pasadena Hotel on Rose Parade Route

Pasadena Duplex Investment Opportunity

Pasadena Auto Body Facility

Pasadena Duplex: Income Opportunity

Pasadena Freestanding Office Building

Commercial Building in Pasadena, CA

Pasadena Land for Development

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