679 Earlham Street

Pasadena, CA 91101

$2,488,000

Listed Price
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bed Beds

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shower Baths

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1965

calendar_month Built

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 5.2% cap rate with current rents, 7.2% with market rents.

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 679 Earlham Street
City Pasadena
State CA
Zip 91101
County Los Angeles
Listing Agent Ryan Loria DRE#02006138
Courtesy Of Triqor Group
MLS PW24155824
List Price $2,488,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 9,778
Year Built 1965
DOM 15

Exterior Information

Maps

Listing information courtesy of: Ryan Loria, Triqor Group . *Based on information from the Association of REALTORS/Multiple Listing as of Jul 30th, 2024 at 12:06 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.