$1.23M
940 N Summit Ave, Pasadena
Sale Price
$1.23M
Cap Rate
4.90%
Type
O
Closed
May 2020
3 Units | Pasadena | $671 Per SF
The LAAA Team of Marcus & Millichap is proud to announce the successful sale of this 3-unit property located at 940 N Summit Avenue in Pasadena, California. The offering sits on a huge 10,017 SF lot with 1,826 SF of building area and is comprised of a great mix of all 2-bed/1-bath units.
Through our superior marketing efforts we were able to source a niche buyer that acquires disabled housing who closed escrow at list price during the Coronavirus Pandemic.
According to the CoStar, this is the 3rd highest price per square feet sale in the history of Pasadena
For more information on this sale, to see more of our exclusive inventory, or to receive a complimentary pricing and 1031 exchange analysis, please give us a call today at 818-271-8006!
Closing