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
October 23, 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
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% |
Listing Contact: 949-756-3232
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/23/2024. 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 10/23/2024 at 11:17 AM UTC