679 EARLHAM STREET, PASADENA CA 91101
- 6,291 sq.ft.
- 9,778 sq.ft. lot
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 22% upside, generating a 5.2% cap rate with current rents, 7.2% with market rents.
Listing Courtesy of Ryan Loria, Triqor Group
Exterior Features
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