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1911 N Summit — Pasadena — 3 Beds • 2 Baths • 1,107 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+26 more

$750,000

30 DOM

$678/sqft3 bd2 ba1,107 sqft

Call

1911 N Summit Pasadena, CA 91103

14,408sqft lot

This is a rare opportunity to acquire a 50% ownership interest in a Pasadena duplex, specifically the rear residence located at 1911 Summit Ave. The front residence at 1909 Summit Ave is not included in this sale. The buyer will obtain a one-half ownership interest in the property and the 14,403 square foot lot, with the purchase tied directly to the rear home. This structure offers a unique opportunity for buyers seeking entry into the Pasadena market through a shared ownership arrangement. 1911 Summit Ave (the rear residence) features 3 bedrooms, 2 bathrooms, and approximately 1,107 square feet of living space situated on a gated parcel with a two-car attached garage, ample parking, and backyard space. The home has been updated and is move-in ready with new interior paint, updated kitchen, new flooring, and renovated bathrooms, offering a clean and refreshed living environment. Property includes two separate electric meters and one shared water meter. The lot is shared with the front residence, and the interest being conveyed reflects a 50% ownership position tied to the rear home. Located in one of Pasadena’s most convenient locations, the property offers easy access to the 210 Freeway and is close to many of the area’s most recognized destinations including the Rose Bowl Stadium, Brookside Golf Club, Kidspace Children's Museum, Norton Simon Museum, Pasadena Museum of History, The Gamble House, and the Colorado Street Bridge. Outdoor enthusiasts will also appreciate nearby hiking opportunities including the Gabrielino Trail Western Trailhead and Altadena Drive Trailhead. This offering presents a rare opportunity for buyers seeking a property interest in a highly desirable Pasadena location. Buyer to verify all details regarding shared ownership, property rights, utility configuration, and use of the parcel.

MLS IV26055431

888-584-9427 (Office) soldbycrystalhoggard@gmail.com

Est. payment

$4,792/mo

Principal & interestTaxesInsurance

$3,792$781$219

Down %

Rate %

Years

Down payment: $150,000 · Total cost: $1,515,267

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,792/mo

Principal & interest: $3,792
Est. property tax: $781
Est. insurance: $219
Down payment: $150,000

Est. gross rent$3,125/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,667/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.