679 Earlham St | Pasadena, CA 91101
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- LoopNet Team
679 Earlham St
Pasadena, CA 91101
Multifamily Property For Sale
·
8 Units
Investment Highlights
- First Time on the Market in Over 16 Years
- High In-Place Cap Rate of 6.2%, 7.7% with Market Rents
- Desirable Unit Mix Consisting of Spacious 1, 2, and 3-Bedroom Units
- Value-Add Opportunity with Approximately 22% Upside
Property Facts
| No. Units | 8 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 6,291 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.75/1,000 SF |
| Zoning | RM12, Pasadena | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,291 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | RM12, Pasadena |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,991 | 650 |
| 2+1 | 4 | $2,191 | 850 |
| 3+2 | 1 | $2,524 | 1,000 |
Property Taxes
| Parcel Number | 5731-014-006 | Improvements Assessment | $520,247 |
| Land Assessment | $1,170,571 | Total Assessment | $1,690,818 |
Property Taxes
Parcel Number
5731-014-006
Land Assessment
$1,170,571
Improvements Assessment
$520,247
Total Assessment
$1,690,818
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