Active

679 Earlham ST

PASADENA CA, 91101

$2,380,000


$378.32 per sqft

Active

6 Beds

4 Baths

6,291 sqft

Multi-family

Built in 1965

We are pleased to present Earlham Apartments, an excellent value-add, 8-unit apartment complex in Pasadena, CA. The property offers a desirable unit mix of spacious 1, 2, and 3-Bedroom units with amenities such as laminate wood flooring, stainless steel sinks, quartz countertops, electric stoves, and upgraded bathrooms. The apartment building is a gated community on a palm tree lined road and features covered parking spaces, one garage, individual gas and electric meters, copper plumbing, and a shared laundry facility. The property offers an investor the opportunity to acquire a value-add property with 22% upside, generating a 5.9% cap rate with current rents, 7.9% with market rents.

PW24155824MR

MLS ID

July 29, 2024

Listed

November 22, 2024

Updated

Map

679 Earlham ST
PASADENA CA, 91101

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

4


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Pasadena NE


Days on Market

85


Garage

Yes


Garage Spaces

1


Parking Total

11


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

PSR1

Listing History

Date

Event

Price

10/23/2024

Price change

$2,380,000

1%

10/23/2024

Price change

$2,350,000

-6%

Listed by Ryan Loria with Triqor Group
Listing Contact: 949-756-3232 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Luczyski Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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