Seller's Agent in 2025
sam shakerchi
Compass
(310) 272-8002
1 in this area
22 Total Sales
965 N Summit Ave Pasadena, CA 91103
Orange Heights Neighborhood
9
Beds
6
Baths
4,275
Sq Ft
12,009
Sq Ft Lot
About This Home
As of December 2025REDUCED and ready to sell! 6 Units for sale in Prime Pasadena. One of the 2+1's units is vacant. Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Home Design
- Bungalow
Interior Spaces
- 4,275 Sq Ft Home
- 1-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Parking
- 12 Parking Spaces
- Carport
Additional Features
- 0.28 Acre Lot
- Window Unit Cooling System
Community Details
- 2 Buildings
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 5728-003-033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Nov 24, 2025
Sold by
Nieves Judith and Marcelo And Judith Nieves Trust
Bought by
K & M Investment Group Llc
Seller's Agent
sam shakerchi
Compass
Buyer's Agent
Kenneth So
Moon Realty
List Price
$1,699,000
Sold Price
$1,512,000
Premium/Discount to List
-$187,000
-11.01%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.87%
Original Mortgage
$900,000
Outstanding Balance
$898,291
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$549,623
Purchase Details
Closed on
Apr 21, 2020
Sold by
Nieves Marcelo and Nieves Judith
Bought by
Nieves Marcelo and Nieves Judith
Purchase Details
Closed on
Jul 23, 2001
Sold by
Arndt Mary Jo
Bought by
Nieves Marcelo and Nieves Judith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,370
Interest Rate
7.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 19, 2001
Sold by
Arndt Gary E and Arndt Cathryn L
Bought by
Arndt Mary Jo and Arndt Cathryn L
Purchase Details
Closed on
Dec 13, 1999
Sold by
Arndt Gary E
Bought by
Arndt Gary F and Arndt Cathryn L
Purchase Details
Closed on
Jan 7, 1999
Sold by
Willow International
Bought by
Arndt Gary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 19, 1998
Sold by
Arndt Mary Jo and Willow International
Bought by
Arndt Gary E
Purchase Details
Closed on
Jun 27, 1995
Sold by
Arndt Gary and Dier Duane
Bought by
Willow International
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 13, 1995
Sold by
Willow International
Bought by
Arndt Gary and Dier Duane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 1995
Sold by
Arndt Mary Jo
Bought by
Arndt Gary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 21, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Willow International
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,512,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Individual Deed | $325,000 | First American Title Co | |
| Gift Deed | -- | First American Title Co | |
| Gift Deed | -- | Benefit Land Title | |
| Gift Deed | -- | Benefit Land Title | |
| Gift Deed | -- | -- | |
| Quit Claim Deed | -- | Chicago Title | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Investors Title Company | |
| Trustee Deed | $192,300 | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | New Conventional | |
| Previous Owner | $230,370 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $55,000 | Commercial | |
| Previous Owner | $160,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/31/2025 12/31/25 | Sold | $1,512,000 | -2.5% | $354 / Sq Ft |
| 12/14/2025 12/14/25 | Pending | -- | -- | -- |
| 10/30/2025 10/30/25 | Price Changed | $1,550,000 | -2.8% | $363 / Sq Ft |
| 09/19/2025 09/19/25 | Price Changed | $1,595,000 | -6.1% | $373 / Sq Ft |
| 05/30/2025 05/30/25 | For Sale | $1,699,000 | -- | $397 / Sq Ft |
Source: The MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,735 | $480,098 | $236,355 | $243,743 |
| 2024 | $6,735 | $470,685 | $231,721 | $238,964 |
| 2023 | $6,677 | $461,457 | $227,178 | $234,279 |
| 2022 | $6,471 | $452,410 | $222,724 | $229,686 |
| 2021 | $6,212 | $443,540 | $218,357 | $225,183 |
| 2019 | $6,010 | $430,387 | $211,882 | $218,505 |
| 2018 | $5,941 | $421,949 | $207,728 | $214,221 |
| 2016 | $5,695 | $405,565 | $199,662 | $205,903 |
| 2015 | $5,629 | $399,474 | $196,663 | $202,811 |
| 2014 | $5,562 | $391,650 | $192,811 | $198,839 |
Source: Public Records
Agents Affiliated with this Home
-
sam shakerchi
-
Kenneth So
Buyer's Agent in 2025
Kenneth So
Moon Realty
(626) 345-8585
1 in this area
46 Total Sales
Map
Source: The MLS
MLS Number: 25540149
APN: 5728-003-033
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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