679 Earlham StreetPasadena, CA 91101
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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.
| 2 months ago | Price changed to $2,380,000 | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 5 months ago | Status changed to Active | |
| 5 months ago | Listing first seen on site |
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