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940 North Summit Avenue
North Central, CA 91103
County: Los Angeles

1826 sq. ft. | Lot size: 10018 sq. ft. Asking price: $1,225,000

For sale 3-unit property located at 940 N Summit Avenue in Pasadena, California. For more information, please contact the listing agent, Edward Chao 818-212-2763 Edward.Chao@marcusmillichap.com

Posted: 05/21/2020 8:54 pm | On HOMEiZ: 1435 days | Updated: 3 years ago | Views: 897

Attachments

940_N_Summit_OM_01_pdf
(Offering Memorandum)

Location Map

Property Data Public Records

Property address & APN Number

Unit
Address	940 N SUMMIT AVE
City	PASADENA
State	CA
Zip	91103
Zip4	2622
Assessor's Parcel Number	5729-016-016
County Name	LOS ANGELES
FIPS	06037

Property Characteristics

Bedrooms	6
Year Built	1963
Building Area	1,826
Baths	3
Garage Type
Garage Num Cars	0
Lot Size, SQFT	10,017
Lot Size Units	SF
Total Rooms
Fireplace
Num Units	3
Zoning	PSR1
Pool
Use Code	Triplex (3 units, any combination)
Basement
Latitude	34.162058
Longitude	-118.147182
No of Stories
Building Style

Property Legal Description Information

Lot Code	14
Block
Section
District
Subdivision
Tract Number
Phase Number
Unit
Land Lot
Sec Twnship Range
Legal Brief Description	LOT:14 MRS C HOWELL AND F P HOY'S SUB LOT 14
City Muni Twp

Date Property Last Sold or Refinanced

Transfer Date	12/18/2017
Seller Name	HIRTH, DANIEL
Sales Price	0
Document Number	17-1463338
Price Per SQFT	0
Loan Amount	0
Lender Name
Title Company	NONE AVAILABLE

Property Tax Assessment Information

Tax Amount	$7,585
Tax Rate Area	7-500
Improvement Value	$119,646
Tax Status	Current
Tax Year	2019

Neighborhood Sales Analysis Info

Total Area Sales	8
Median Lot Size	8,945
Median Living Area	2,901
Price Range Min	$748,000
Price Range Max	$1,500,000
Median Value	$1,195,750
Median Num Beds	5.5
Median Num Baths	4
Median Year Built	1926
Age Range Min	40
Age Range Max	114
Median Age	94

Comparable Sold Properties & Maps

Proximity	.52
Site Address	1385 N MARENGO AVE
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Site City	PASADENA
Site State	CA
Site Zip	91103
Site Zip4	2224
Recording Date	03/09/2020
Price Code	R
Sale Price	$1,191,500
Price Per SQFT	$274
Building Area	4,337
Total Rooms	0
Bedrooms	10
Baths	6
Year Built	1980
Lot Size, SQFT	13,015
Assessor's Parcel Number	5729-008-014
Document Number	20-0272679
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Number	1
City Muni Twp	PASADENA
Subdivision Name	PARCEL MAP NO 14205
Legal Brief Description	Lot:1 Subdivision:PARCEL MAP NO 14205 Map Ref:MB 142 PG 32City/Muni/Twp:PASADENA
Map Ref	MB 142 PG 32
Lender Name	STEARNS LENDING LLC
Loan1 Amount	$1,169,918
AddSellers	AddSeller: AdditionalInfo: FirstName: LISA LastName: SONNE
PID	10011360
Assessment Value	$350,014
Latitude	34.169584
Longitude	-118.146555

Proximity	.73
Site Address	1518 EL SERENO AVE
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Site City	PASADENA
Site State	CA
Site Zip	91103
Site Zip4	1847
Recording Date	01/10/2020
Price Code	R
Sale Price	$850,000
Price Per SQFT	$315
Building Area	2,692
Total Rooms	0
Bedrooms	6
Baths	3
Year Built	1923
Lot Size, SQFT	9,993
Assessor's Parcel Number	5728-014-047
Document Number	20-0038784
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Code	P
Lot Number	30
Block	A
City Muni Twp	PASADENA
Subdivision Name	A J PAINTERS SUBDIVISION
Legal Brief Description	Block:A Subdivision:A J PAINTERS SUBDIVISION Map Ref:MB 16 PG 99Abbreviated Description:NORTHERLY50FT LOT30 City/Muni/Twp:PASADENA
Map Ref	MB 16 PG 99
Lender Name	FIRST COMMERCIAL BANK (USA)
Loan1 Amount	$540,000
AddSellers	AddSeller: AdditionalInfo: LastName: THE STANLEY LIVING TRUST
PID	9966430
Assessment Value	$260,747
Latitude	34.171911
Longitude	-118.151788

Proximity	.30
Site Address	1196 N SUMMIT AVE
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Site City	PASADENA
Site State	CA
Site Zip	91103
Site Zip4	2654
Recording Date	11/27/2019
Price Code	R
Sale Price	$748,000
Price Per SQFT	$318
Building Area	2,352
Total Rooms	0
Bedrooms	5
Baths	4
Year Built	1924
Lot Size, SQFT	9,990
Assessor's Parcel Number	5729-014-006
Document Number	19-1310187
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Code	P
Lot Number	3
Block	D
City Muni Twp	PASADENA
Subdivision Name	M D PAINTERS SUBDIVISION
Legal Brief Description	Block:D Subdivision:M D PAINTERS SUBDIVISION Map Ref:MB 18 PG 26Abbreviated Description:NORTH51FT LOT3 City/Muni/Twp:PASADENA
Map Ref	MB 18 PG 26
Loan1 Amount	0
PID	9927395
Assessment Value	$293,566
Latitude	34.166454
Longitude	-118.14722

Proximity	.68
Site Address	513 LINCOLN AVE
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Site City	PASADENA
Site State	CA
Site Zip	91103
Site Zip4	3329
Recording Date	10/24/2019
Price Code	R
Sale Price	$1,235,000
Price Per SQFT	$365
Building Area	3,377
Total Rooms	0
Bedrooms	7
Baths	5
Year Built	1906
Lot Size, SQFT	9,652
Assessor's Parcel Number	5726-010-025
Document Number	19-1142472
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Number	12
City Muni Twp	PASADENA
Subdivision Name	A O BRISTOL TRACT
Legal Brief Description	Lot:12 Subdivision:A O BRISTOL TRACT Map Ref:MB 10 PG 54City/Muni/Twp:PASADENA
Map Ref	MB 10 PG 54
Lender Name	HOMEXPRESS MORTGAGE CORP
Loan1 Amount	$864,500
PID	9899393
Assessment Value	$249,891
Latitude	34.153834
Longitude	-118.153788

Proximity	1.08
Site Address	961 E VILLA ST
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Site City	PASADENA
Site State	CA
Site Zip	91106
Site Zip4	1097
Recording Date	09/13/2019
Price Code	R
Sale Price	$1,500,000
Price Per SQFT	$420
Building Area	3,566
Total Rooms	0
Bedrooms	6
Baths	6
Year Built	1979
Lot Size, SQFT	6,527
Assessor's Parcel Number	5732-014-047
Document Number	19-0952392
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Code	P
Lot Number	3
City Muni Twp	PASADENA
Subdivision Name	WALTER MORROW TRACT
Legal Brief Description	Subdivision:WALTER MORROW TRACT Map Ref:MB 6 PG 60Abbreviated Description:EAST50FTS130FT LOT3 City/Muni/Twp:PASADENA
Map Ref	MB 6 PG 60
Loan1 Amount	0
AddBuyers	AddBuyer: AdditionalInfo: FirstName: ROMEO S LastName: NOCON JR
PID	9875864
Assessment Value	$466,145
Latitude	34.154574
Longitude	-118.13055

Proximity	1.04
Site Address	874 E LADERA ST
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Site City	PASADENA
Site State	CA
Site Zip	91104
Site Zip4	2357
Recording Date	06/10/2019
Price Code	R
Sale Price	$1,200,000
Price Per SQFT	$571
Building Area	2,098
Total Rooms	0
Bedrooms	0
Baths	0
Year Built	1929
Lot Size, SQFT	5,928
Assessor's Parcel Number	5848-023-003
Document Number	19-0541633
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Code	MP
Lot Number	52 53
City Muni Twp	PASADENA
Subdivision Name	WILSON TRACT
Legal Brief Description	Subdivision:WILSON TRACT Map Ref:MB 6 PG 67Abbreviated Description:PORTION LOTS52 53 City/Muni/Twp:PASADENA
Map Ref	MB 6 PG 67
Lender Name	PATCH OF LAND LENDING LLC
Loan1 Amount	$936,000
PID	9783086
Assessment Value	$765,000
Latitude	34.171217
Longitude	-118.132701

Proximity	.19
Site Address	61 PAINTER ST
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Site City	PASADENA
Site State	CA
Site Zip	91103
Site Zip4	3196
Recording Date	01/08/2019
Price Code	R
Sale Price	$1,250,000
Price Per SQFT	$401
Building Area	3,110
Total Rooms	0
Bedrooms	5
Baths	4
Year Built	1921
Lot Size, SQFT	6,410
Assessor's Parcel Number	5725-001-025
Document Number	19-0019711
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Code	P
Lot Number	24
City Muni Twp	PASADENA
Subdivision Name	L H MICHENERS SUBDIVISION
Legal Brief Description	Subdivision:L H MICHENERS SUBDIVISION Map Ref:MB 14 PG 77Abbreviated Description:EASTERLY80FT LOT24 City/Muni/Twp:PASADENA
Map Ref	MB 14 PG 77
Loan1 Amount	0
AddSellers	AddSeller: AdditionalInfo: 0: LastName: MOHAMMAD ALI TABRIZIZADEH LIVING TRUST 1: LastName: YIOU MA DEFINED BENEFIT PENSION PLAN AND
PID	9668204
Assessment Value	$867,000
Latitude	34.159855
Longitude	-118.149294

Proximity	.38
Site Address	863 SUNSET AVE
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Site City	PASADENA
Site State	CA
Site Zip	91103
Site Zip4	3037
Recording Date	12/04/2018
Price Code	R
Sale Price	$1,073,500
Price Per SQFT	$549
Building Area	1,955
Total Rooms	0
Bedrooms	2
Baths	3
Year Built	1929
Lot Size, SQFT	8,237
Assessor's Parcel Number	5726-013-008
Document Number	18-1223324
Document Type	Grant Deed
Use Code Description	Triplex (3 units, any combination)
Lot Number	8
City Muni Twp	PASADENA
Legal Brief Description	Lot:8 Map Ref:MB 24 PG 36City/Muni/Twp:PASADENA
Map Ref	MB 24 PG 36
Lender Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Loan1 Amount	$858,800
PID	9648184
Assessment Value	$1,073,500
Latitude	34.160125
Longitude	-118.153475

Neighborhood Information Of Subject Property & Maps

Site Address	940 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5729-016-016
Building Area	1,826
Bedrooms	6
Baths	3
Year Built	1963
Lot Size, SQFT	10,017
Lot Size Units	SF

Site Address	928 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5729-016-015
Building Area	2,616
Bedrooms	6
Baths	3
Year Built	1926
Lot Size, SQFT	10,016
Lot Size Units	SF

Site Address	931 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5728-003-037
Building Area	2,709
Bedrooms	6
Baths	3
Year Built	1962
Lot Size, SQFT	10,010
Lot Size Units	SF

Site Address	1014 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5729-015-020
Building Area	2,888
Bedrooms	7
Baths	3
Year Built	1922
Lot Size, SQFT	13,215
Lot Size Units	SF

Site Address	1005 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5728-003-020
Building Area	3,349
Bedrooms	7
Baths	4
Year Built	1906
Lot Size, SQFT	13,202
Lot Size Units	SF

Site Address	875 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5725-011-014
Building Area	2,024
Bedrooms	5
Baths	3
Lot Size, SQFT	14,998
Lot Size Units	SF

Site Address	1018 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5729-015-019
Building Area	3,265
Bedrooms	5
Baths	3
Year Built	1915
Lot Size, SQFT	13,214
Lot Size Units	SF

Site Address	863 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5725-011-015
Building Area	2,634
Bedrooms	4
Baths	3
Year Built	1904
Lot Size, SQFT	14,998
Lot Size Units	SF

Site Address	884 N RAYMOND AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5725-011-007
Building Area	2,368
Bedrooms	4
Baths	3
Year Built	1924
Lot Size, SQFT	12,601
Lot Size Units	SF

Site Address	836 N SUMMIT AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5725-012-012
Building Area	1,848
Bedrooms	6
Baths	3
Year Built	1962
Lot Size, SQFT	12,011
Lot Size Units	SF

Site Address	919 N RAYMOND AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5728-006-039
Building Area	4,765
Bedrooms	8
Baths	5
Year Built	1960
Lot Size, SQFT	10,122
Lot Size Units	SF

Site Address	934 WORCESTER AVE
Site City	PASADENA
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Site State	CA
Site Zip	91104
Assessor's Parcel Number	5729-019-012
Building Area	1,853
Bedrooms	4
Baths	4
Year Built	1910
Lot Size, SQFT	7,175
Lot Size Units	SF

Site Address	1044 N RAYMOND AVE
Site City	PASADENA
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Site State	CA
Site Zip	91103
Assessor's Parcel Number	5728-003-016
Building Area	1,974
Bedrooms	3
Baths	3
Year Built	1933
Lot Size, SQFT	8,363
Lot Size Units	SF

Site Address	853 WORCESTER AVE
Site City	PASADENA
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Site State	CA
Site Zip	91104
Assessor's Parcel Number	5725-021-013
Building Area	2,271
Bedrooms	5
Baths	4
Year Built	1960
Lot Size, SQFT	6,129
Lot Size Units	SF

Site Address	847 WORCESTER AVE
Site Unit	A
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Site Unit Type	#
Site City	PASADENA
Site State	CA
Site Zip	91104
Assessor's Parcel Number	5725-021-012
Building Area	4,575
Bedrooms	9
Baths	6
Year Built	1982
Lot Size, SQFT	9,567
Lot Size Units	SF

Household

Description	Zip Total	National Total
2000	8,459	105,480,101
2009	8,753	116,523,156
2014	8,972	122,109,448
Household Growth Rate	0.4 %	1.1 %
Average Household Size	3.4	2.6

Family

Description	Zip Total	National Total
2000	6,068	71,787,347
2009	6,242	77,956,117
Family Growth Rate	0.3 %	0.9 %

Age Distribution

Description	Zip Total	National Total
0-4	8.6 %	6.8 %
5-9	8.2 %	6.7 %
10-14	7.6 %	6.6 %
15-19	8.5 %	7.1 %
20-24	8.6 %	6.9 %
25-44	27.6 %	27.0 %
45-64	21.1 %	26.0 %
65-84	8.2 %	10.9 %
85+	1.6 %	1.9 %

Median Age

Description	Zip Total	National Total
2009	30.4	36.9
Male Ratio	49.9 %	49.2 %
Female Ratio	50.1 %	50.8 %

Household Income

Description	Zip Total	National Total
% < $25K	28.6 %	20.9 %
% $25K-50K	25.7 %	24.4 %
% $50K-100K	27.5 %	35.3 %
% $100K-150K	8.1 %	11.7 %
% >$150K	10.1 %	7.6 %

Median Household Income

Description	Zip Total	National Total
2009	$44,274.00	$54,719.00
2014	$48,080.00	$56,938.00
Per Capita Income	$22,004.00	$27,277.00

Household Income Centile

Description	Zip Total	National Total
National	46.0 %
State	31.0 %

School District Information

District Name	PASADENA UNIFIED
District Address	351 SOUTH HUDSON AVE.
District City	PASADENA
District State	CA
District Zip	91101
District Zip4	3507
District Phone	626-795-6981
Grade Span	KG-12
Student Teacher Ratio	20:1

Public schools Information & Maps

Madison Elementary

Distance: .46
Address: 515 Ashtabula St. Pasadena CA 91104 1104
Phone: 626-793-1181
Lowest Grade: Kindergarten
Highest Grade: Grade 5
Student / Teacher Ratio: 1:19.9
Administrators: 31
Kindergarten Membership: 95

Washington Accelerated Elementary

Distance: .69
Address: 1520 N. Raymond Ave. Pasadena CA 91103 1103
Phone: 626-791-4573
Lowest Grade: Kindergarten
Highest Grade: Grade 5
Student / Teacher Ratio: 1:19.5
Administrators: 39
Kindergarten Membership: 154

Washington

Distance: .64
Address: 1505 N. Marengo Ave. Pasadena CA 91103 1103
Phone: 626-798-6708
Lowest Grade: Grade 6
Highest Grade: Grade 8
Student / Teacher Ratio: 1:22.2
Administrators: 31
Kindergarten Membership: 0

Roosevelt (Theodore)

Distance: .88
Address: 315 N. Pasadena Ave. Pasadena CA 91103 1103
Phone: 626-795-9501
Lowest Grade: Kindergarten
Highest Grade: Grade 12
Student / Teacher Ratio: 1:23.6
Administrators: 23
Kindergarten Membership: 57

Private schools Information & Maps

FRIENDS WESTERN SCHOOL

Affiliation: Friends
Gender: Coed
Distance: .53
Address: 524 E ORANGE GROVE BLVD PASADENA CA 91104 4351
Phone: 626-793-2727

OMOWALE UJAMAA

Affiliation: Nonsectarian
Gender: Coed
Distance: .53
Address: 1415 N RAYMOND AVENUE PASADENA CA 91103 2229
Phone: 626-798-5406

NEW HORIZON SCHOOL PASADENA

Affiliation: Islamic
Gender: Coed
Distance: .72
Address: 651 N ORANGE GROVE BLVD PASADENA CA 91103 3384
Phone: 626-795-5186

PASADENA CHRISTIAN SCHOOL

Affiliation: Christian (no specific denomination)
Gender: Coed
Distance: .75
Address: 1515 N LOS ROBLES AVENUE PASADENA CA 91104 2149
Phone: 626-791-1214

WESTGATE PALMS

Affiliation: Nonsectarian
Gender: Coed
Distance: .81
Address: 480 WESTGATE STREET PASADENA CA 91103 2821
Phone: 626-792-2720

ST ANDREW ELEMENTARY SCHOOL

Affiliation: Roman Catholic
Gender: Coed
Distance: .82
Address: 42 CHESTNUT STREET PASADENA CA 91103 3802
Phone: 626-796-7697

HARAMBEE PREPARATORY SCHOOL

Affiliation: Christian (no specific denomination)
Gender: Coed
Distance: .90
Address: 1609 NAVARRO AVENUE PASADENA CA 91103 1543
Phone: 626-798-7431

OAK KNOLL KINDERHAUS MONTESSORI SCHOOL-LAKE AVE

Affiliation: Nonsectarian
Gender: Coed
Distance: .90
Address: 1200 N LAKE AVENUE PASADENA CA 91104 3744
Phone: 626-345-0595

CHANDLER SCHOOL

Affiliation: Nonsectarian
Gender: Coed
Distance: .91
Address: 1005 ARMADA DRIVE PASADENA CA 91103 2802
Phone: 626-795-9314

ST MONICA ACADEMY

Affiliation: Roman Catholic
Gender: Coed
Distance: .98
Address: 301 N ORANGE GROVE BLVD PASADENA CA 91103 3540
Phone: 626-229-0351

LAKE AVENUE CHURCH SCHOOL

Affiliation: Christian (no specific denomination)
Gender: Coed
Distance: 1.04
Address: 393 N LAKE AVENUE PASADENA CA 91101 1213
Phone: 626-844-4755

PASADENA FIRST UNITED METHODIST PRESCHOOL

Affiliation: Methodist
Gender: Coed
Distance: 1.20
Address: 500 E COLORADO BLVD PASADENA CA 91101 2027
Phone: 626-568-9502

HARRIET TUBMAN PRESCHOOL & ELEMENTARY

Affiliation: Nonsectarian
Gender: Coed
Distance: 1.31
Address: 36 W MONTANA STREET PASADENA CA 91103 1725
Phone: 626-794-5620

INTERNATIONAL MONTESSORI ACADEMY

Affiliation: Nonsectarian
Gender: Coed
Distance: 1.34
Address: 355 W GREEN STREET PASADENA CA 91105 1835
Phone: 626-304-0166

ST ELIZABETH PARISH SCHOOL

Affiliation: Roman Catholic
Gender: Coed
Distance: 1.38
Address: 1840 N LAKE AVENUE ALTADENA CA 91001 3058
Phone: 626-797-7727

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Listing Info

Listing ID: 2300 Status: Sold

For Sale

$1,225,000

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Disclaimer: School attendance zone boundaries and information are provided by a third party and subject to change at anytime without a notice. Please Check with the applicable school district prior to making your decision based on these boundaries and information.

School ratings: The GreatSchools Rating is a simple tool that helps you compare schools based on test scores and other available data, including student academic growth and college readiness. GreatSchools is always working to improve the rating and add more information when state education agencies make school quality data publicly available. Learn more

Disclimer: Any information relating to a property referenced on HOMEiZ.com comes from the listing provider who wishes to post a listing on HOMEiZ.com. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. HOMEiZ does not verify the property information submitted in HOMEiZ.com and cannot guarantee the accuracy of the information. No warranties or representations are made of any kind. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

940 North Summit Avenue North Central, CA 91103 County: Los Angeles

For sale 3-unit property located at 940 N Summit Avenue in Pasadena, California. For more information, please contact the listing agent, Edward Chao 818-212-2763 Edward.Chao@marcusmillichap.com

Attachments

Location Map

Property Data Public Records

Property address & APN Number

Property Characteristics

Property Legal Description Information

Date Property Last Sold or Refinanced

Property Tax Assessment Information

Neighborhood Sales Analysis Info

Comparable Sold Properties & Maps

Neighborhood Information Of Subject Property & Maps

Household

Family

Age Distribution

Median Age

Household Income

Median Household Income

Household Income Centile

School District Information

Public schools Information & Maps

Private schools Information & Maps

Explore the Neighborhood

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Listing Info

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940 North Summit Avenue
North Central, CA 91103
County: Los Angeles

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