CA > Pasadena
Pasadena, CA 91101,679 Earlham ST
Pasadena, CA 91101,679 Earlham ST
Pasadena, CA 91101,679 Earlham ST
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,380,000
Est. payment /mo
9,779 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW24155824

HOA Y/N No

Year Built 1965

Lot Size 9,779 Sqft

Property Sub-Type Apartment

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

Area 646 - Pasadena (Ne)

Zoning PSR1

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 7

Garage Description 1.0

Pool None

Community Features Sidewalks

Total Parking Spaces 11

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5731014006

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Ryan Loria Triqor Group 949-756-3232
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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