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Closed
- Listed price
- $1,249,000
- Listed Jul 6, 2020
- Sold price
- $1,249,000
- Sold Oct 19, 2020
6,980 sqft lot|1965 Built|43 MLS days on market
541 N Summit Ave, Pasadena, CA 91103
Property Description
Offered for sale is this great Residential Income property in a desirable Pasadena neighborhood. The property features an ideal mix of four identical large 2 bed and 1 bath units + den (used as 3rd bedroom) that are 100% occupied with long term tenants. Each unit measures approximately 925 sqft with their own laundry hookups and are individually metered (gas and electricity). Tenants have not been affected by the current pandemic and are in good standing with rents paid up to date. Property offers two separate common areas and a carport for four cars. Property has great rental upside with a potential of providing an attractive cap of over 5% and GRM of 14.5! Copy and paste the URL Virtual tour and floor plan - (https://my.matterport.com/show/?m=53n8XZ3vvsp&mls=1)
Listing agent: Artin BabayanDRE #01799598artin@natprops.com, Listing office: National Properties
MLS data updated 10/24/2026, 11:10:02 AM PT
Source: CRMLSMLS #: 320002251
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,249,000
Oct 19, 2020
Available records22020
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.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.