Pasadena, CA 91101,679 Earlham Street
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Pasadena, CA 91101,679 Earlham Street
Pasadena, CA 91101,679 Earlham Street
Pasadena, CA 91101,679 Earlham Street
Pasadena, CA 91101,679 Earlham Street
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679 Earlham Street Pasadena, CA 91101

6,291 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 6,291 sqft

Price per Sqft $378

MLS Listing ID CRPW24155824

HOA Y/N No

Year Built 1965

Lot Size 9,778 Sqft

Acres 0.22

Property Sub-Type Other

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

Zoning PSR1

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

New Construction No

Others

Tax ID 5731014006


Bridge MLS
Listed by Ryan Loria • Triqor Group
agent

Sandra Lucas

Broker Associate | License ID: 01496944

+1(925) 464-8400

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679 Earlham Street