Pasadena, CA 91101 679 Earlham Street

679 Earlham Street Pasadena, CA - Image 1679 Earlham Street Pasadena, CA - Image 2679 Earlham Street Pasadena, CA - Image 3
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679 Earlham Street Pasadena, CA - Image 4679 Earlham Street Pasadena, CA - Image 5679 Earlham Street Pasadena, CA - Image 6679 Earlham Street Pasadena, CA - Image 7
Presented By: Ryan Loria with Triqor Group; 949-756-3232
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW24155824
  • 07/29/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 14
  • Baths • 4
  • SQFT • 6,291
  • Garage • 1

Home Details

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.
Presented By: Ryan Loria with Triqor Group; 949-756-3232

Interior Features for 679 Earlham Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 679 Earlham Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces7.0
Carport Y/NYes
CityPasadena
Community FeaturesSidewalks
ContingencyNone.
CountyLos Angeles
DirectionsDriving East on Orange Grove Blvd., Turn right onto El Molino Ave., then left onto Earlham St., Property is your left.
Electric Expense0.0
Entry Location/
Fuel Expense0.0
Garage Spaces1.0
Garage Y/NYes
Gross Income203228.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet9778.0
Lot Size UnitsSquareFeet
MLS Area646 - Pasadena (NE)
MobileHomeRemainsYNNo
Net Operating Income147087.0
New ConstructionNo
Number Of Units Total8
Open Parking Spaces3.0
Operating Expense56142.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Tax Lot8
Trash Expense0.0
Water Sewer Expense0.0
Year Built1965
Year Built SourcePublicRecords
ZoningPSR1

Exterior for 679 Earlham Street

Building Area Total6291.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.2245
Lot Size Area9778.0
Lot Size SourcePublicRecords
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters0
Private PoolNo
SpaNo
Total Parking11.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,380,000
MLS#PW24155824
List Date 07/29/2024
Property Type Multi-Family
Phone 714.742.6515
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