$1,348,000
For Sale

396 N Summit Avenue

Pasadena, CA 91103
2292 sqft | 5 beds | 4 baths | 0.26 acres | #25486615
Listing OfficeeXp Realty of Greater Los Angeles
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Type:Purchase
Structure:House
Zone:Residential

Description

Two Remodeled Pasadena Homes in a Prime Location with Dual Income Potential. Welcome to 396 N Summit Ave and 397 Townsend Pl, an exceptional property in one of Pasadena's most coveted neighborhoods. Located near the iconic Rose Bowl and Old Town Pasadena, this property features a beautifully updated main house and back house, offering endless opportunities for living, income, or both. Recently remodeled with over $300,000 in upgrades. The main house has 3 bedrooms, 2 bathrooms, and an expansive attic with potential for conversion into additional square footage, making it perfect for growing families or those seeking added value. The Townsend house is 2-bedroom, 2-bathroom, comes complete with a spacious two-car garage and its own private entrance. Both houses are currently used as a successful Airbnb, contributing to the property's combined annual revenue of approximately $134,000. With its versatile setup, this property offers an ideal solution for multi-generational living, renting one unit while enjoying the other, or maintaining both as lucrative income-generating rentals. Situated on a spacious lot, the property also offers plenty of room for outdoor enjoyment. Opportunities like this rarely come aroundlive in a prime location, enjoy the benefits of recent renovations, and take advantage of impressive income potential. Don't miss your chance to own this Pasadena gem!

  • Property Details
      • InteriorSeparateFormalDiningRoom, Attic
      • Property SubtypeSingleFamilyResidence
      • CountyLos Angeles
      • Original List Price$1,348,000
      • Property TypePurchase
      • MLS #25486615
      • MLS #25486615
      • Cost1348000
      • Acres0.2627
      • Square Feet2292
      • Year Built1914
      • Bedrooms5
      • Bathrooms4
      • Full Baths4

Location

Pete & Mona Sayegh | American Classic Real Estate ServicesReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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