Homes for sale - 679 Earlham ST, Pasadena, CA 91101

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Michelle Esquivel

michelle@michellehomesellingteam.com

$ 2,380,000

Est. payment | -/mo

9,779 Sqft Lot

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$ 2,380,000

Est. payment | -/mo

Save

9,779 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24155824

HOA Y/N No

Year Built 1965

Lot Size 9,779 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Zoning PSR1

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 7

Garage Description 1.0

Pool None

Community Features Sidewalks

Total Parking Spaces 11

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5731014006

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

679 Earlham ST Pasadena, CA 91101

Michelle Esquivel

Key Details

Location

Interior

Exterior

Building

Others

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679 Earlham ST