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Closed
- Listed price
- $1,500,000
- Listed Jul 7, 2015
- Sold price
- $1,320,000
- Sold Sep 16, 2015
19,802 sqft lot|1928 Built|65 MLS days on market
1145 N Summit Ave, Pasadena, CA 91103
Property Description
Great commercial property investment opportunity, priced for a fast sale! Summit Apartment is located in the heart of Pasadena, only blocks away from 210 fwy & Old Town Pasadena. There are a total of 5 buildings, consisting of 12 units (2- 2bed 1 bath, 6- 1 bed, 1 bath, 4- studio) with a good mix, most of the units have their own garages. 100% occupancy with rents below market, which allows great potential for future growth and immediate appreciation! Close to 6% cap rate, with no rent control. About half of the complex is section 8 which offers great income and tenant stability from Government! The complex has been well maintained and with minimum expenses which leave more room for profits! One of the buildings has a newer roof and the whole complex was fumigated a few years ago.
Listing agent: ALICIA QUDRE #01769745aliciaquteam@aliciaqu.com, Listing office: THE VIRTUAL REALTY GROUP
MLS data updated 10/22/2026, 7:33:03 PM PT
Source: CRMLSMLS #: CV15148290
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,320,000
Sep 16, 2015
Available records22015
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91103 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91103 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.