679 Earlham Street Pasadena, CA 91101
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 5.5% cap rate with current rents, 7.5% with market rents.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site42 Days
- MLS StatusActive
- MLS ID NumberPW24155824
- Home Size Source N/A
- Year Built1965
- Lot Size0.2245 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 11
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.2245
- Water Public
- Property Sub Type Apartment
- Garage Spaces 1
- Zoning PSR1
- Listing Conditions Standard
Interior Features
- Laundry Features Common Area
Exterior Features
- Pool Features None
- Lot Rectangular Lot
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 646 - Pasadena (NE)