$2,380,000 Est. $8,764 / mo.*

679 Earlham Street Pasadena , CA 91101

Property listed by Triqor Group, Ryan Loria {attribution_contact}

Description

8 Units
Property Type: Apartment
Status: Active
Year Built: 1965
Days on Website: 115
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.

Open House

Property Details and Features

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Contact an Agent

Christopher Lechner

(562) 972-0388