780 Earlham Street
$5,600,000
3
28
14,468
14,468
$387
Description
We are pleased to present Sharlotte Apartments, a 16-unit apartment community in Pasadena, CA. This property features an excellent unit mix consisting of majority 2-bedroom 2-bath units with balconies/patios, gated entry, covered parking, individual gas and electric meters, and a sparkling pool. The building has undergone several exterior upgrades such as soft story retrofitting, reinforced balconies & decks, all new windows, new electric panels, and a new roof (2021). The interiors have been tastefully...We are pleased to present Sharlotte Apartments, a 16-unit apartment community in Pasadena, CA. This property features an excellent unit mix consisting of majority 2-bedroom 2-bath units with balconies/patios, gated entry, covered parking, individual gas and electric meters, and a sparkling pool. The building has undergone several exterior upgrades such as soft story retrofitting, reinforced balconies & decks, all new windows, new electric panels, and a new roof (2021). The interiors have been tastefully renovated with granite countertops, new cabinetry, stainless steel appliances, recessed LED lighting, laminate wood flooring or new carpet, and upgraded bathrooms. This multigenerational asset has been meticulously maintained throughout ownership and is on the market for the first time in 48 years. With strong in-place rents, the property generates a current cap rate of 5.6%, 7.1% with market rents, offering an investor roughly 20% upside in rental income. This trophy asset is ideal for investors seeking a well-maintained, well-located turnkey asset with upside potential and no differed maintenance.
- Listed by Ryan Loria • DRE #02006138 • Brokerage DRE #01921625 • Triqor Group • 949-756-3232
Property Details for 780 Earlham Street
Parking Spaces Total
21
Private PoolNo
Total Units16.0
Building TypeAttached
Lot Size SourceAssessor
Living Area14468
Assessor Parcel Number5731-016-019
Property Attached YNtrue
LISTING UPDATED: 12/02/2024 06:26 AM
Property Details for 780 Earlham Street
Status | Active |
---|---|
MLS # | PW24242697 |
Days on Market | 35 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1964 |
County | Los Angeles County |
Building Information for 780 Earlham Street
Building/Complex780 Earlham StFloor-Stories2Residences-Pet Policy-Year Built1964Building Size-
Property Information for 780 Earlham Street
Property History for 780 Earlham Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 780 Earlham Street
Taxable ValueLand$1,769,131Additions$3,217,365Total$4,986,496
Tax Record2024$58,363 ($4,864 / month)
Home Facts
Total Finished SqFt14,468 SqFtAbove Grade Finished SqFt14,468 SqFtLot Size16,801 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningPSR1CountyLOS ANGELESAPN5731-016-019
Schools near 780 Earlham Street
This home is within Pasadena Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Madison Elementary School PublicK to 5 | ||
Octavia E. Butler Magnet School Public6 to 8 | ||
John Muir High School Public9 to 12 | ||
Rose City High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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