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.
MLS #
CRPW24155824
MLS Source
California Regional MLS
Days on Site
146
Garage/Parking
Garage: 1 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
679 Earlham St is a Residential Income in Pasadena, CA 91101. This – square foot property sits on a 9,778 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,380,000 and was built in 1965.
This address can also be written as 679 Earlham St, Pasadena, CA 91101.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Ryan Loria