
Pasadena, California 91103
This Turnkey Residential Property represents a Strong Value Opportunity, listed at a List Price of $750,000, which aligns with its $750,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers a move-in ready environment with updated flooring, kitchen, and baths. While the sale involves a 50% fractional interest, the property provides significant utility through its 14,408 sqft lot and private two-car garage. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained residence in a prime Pasadena location.
Property is move-in ready.
The property is move-in ready and features several recent cosmetic updates, including new interior paint, new carpeting in the bedrooms/living areas, and new laminate flooring in the kitchen. The kitchen and bathrooms have been refreshed and are fully functional, although they retain some dated stylistic elements such as oak cabinetry and popcorn ceilings. Built in 1987, the home appears well-maintained with modern appliances and updated fixtures, fitting the criteria for a well-kept, move-in ready residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14408, living area = 1107.
The residence is move-in ready, featuring a recently updated kitchen, renovated bathrooms, new flooring, and fresh interior paint throughout.
Ideally situated near the Rose Bowl Stadium and Brookside Golf Club, the property offers excellent access to the 210 Freeway and renowned local museums.
The sale involves a 50% fractional ownership interest rather than a traditional fee-simple title, which may complicate financing options and future resale.
While electric meters are separate, the property relies on a shared water meter with the front residence, requiring ongoing coordination with the co-owner.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,107 | 1,739.5 |
| Lot Size | 14,408 | 7,979 |
| Price | $700.0K | $1.62M |
| Price per sq ft | $632 | $897 |
| Built year | 1987 | 1936 |
| HOA | $0 | $250 |
| Days on market | 131 | 45 |
Jul 9, 2026
$700,000
$750,000
-7% Price Drop
Initial Listing
Mar 13, 2026
$750,000
Initial Listing