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

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Ryan Loria • Triqor Group

$2,380,000

Est. payment - /mo

9,778 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW24155824

Year Built 1965

Lot Size 9,778 Sqft

Source California Regional MLS

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 an approximate 20% upside, generating a 6.2% cap rate with current rents, 7.7% with market rents.

Location

State CA

County Los Angeles

Area 646 - Pasadena (Ne)

Interior

Laundry Laundry Area

Exterior

Garage Spaces 11.0

Pool None

Building

Water District - Public

Others

Tax ID 5731014006

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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679 Earlham ST Pasadena, CA 91101

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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