Active

679 Earlham Street

Pasadena CA, 91101

$2,380,000


$378.32 per sqft

Active

6,291 sqft

Condos

Built in 1965

Listed by Ryan Loria with Triqor Group 949-756-3232

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.

PW24155824

MLS ID

July 29, 2024

Listed

December 5, 2024

Updated

Map

679 Earlham Street
Pasadena CA, 91101

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Lot Features

Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

646 - Pasadena (NE)


Days on Market

128


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%

Listing Contact: 949-756-3232 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 4:24 AM UTC

 

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