396 N Summit Avenue, Pasadena, CA Not Provided

$1,280,000

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List Price
$1,280,000
Status
ACTIVE
MLS#
P1-28771
Year Built
1914
Lot Size
11,445
Acres
0.26
Days on Market
13
Property Type
Multifamily
Style
Craftsman
Stories
One Level
Neighborhood
Not Applicable

Property Description

A unique DUPLEX opportunity in the heart of Pasadena, 396 N Summit Avenue and 397 Townsend Place feature two beautifully updated residences on an expansive 11,000+ square-foot lot, offering flexibility for multi-generational living, an owner-user, or an investment opportunity.The front residence offers three bedrooms and two bathrooms, while the rear residence features two bedrooms and two bathrooms. Both homes have undergone extensive interior renovations, including updated kitchens, living spaces, bedrooms, bathrooms, and laundry areas, creating fresh, comfortable interiors ready for modern living. The property stretches between Summit Avenue and Townsend Place, giving each residence added separation and privacy, along with the potential to create dedicated outdoor spaces for each home. A detached two-car garage and generous lot further enhance the property's versatility. With two existing residences and substantial lot size, there may also be potential for additional units or future improvements, subject to City of Pasadena approval. Buyer to independently verify all development possibilities. Ideally located near Old Pasadena, the Rose Bowl, shopping, dining, and convenient freeway access, this is a rare opportunity offering space, flexibility, and income potential in a desirable Pasadena location.

Additional Information

Pool Description
None
Cooling
Yes
View
None
Garage Spaces Total
2
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$96,835
Operating Expense
38862

Listing courtesy of Listing Agent: Timothy Durkovic (tim@thedurkovicgroup.com) from Listing Office: Christie's RE SoCal.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.