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679 Earlham St #1, Pasadena, CA 91101
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679 Earlham St #1 Pasadena, CA 91101

$2,488,000
  • 14 Beds
  • 9 Baths
  • 6,291 Sq.Ft.
For Sale
$2,488,000 Get Pre-Qualified
Map preview of 679 Earlham St #1, Pasadena, CA 91101

Property Overview: 679 Earlham St #1 Pasadena, CA has 14 bedrooms, 9 bathrooms, 6,291 living square feet and 9,778 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 5.5% cap rate with current rents, 7.5% with market rents.

Listed by Ryan Loria | BRE #02006138 | Triqor Group
Last checked: 1 minute ago | Last updated: September 26th, 2024 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
9,778
HOA Dues
$0/mo
Year built
1965
Garage
1 Car
Property Type:
Apartment
Status
Active
MLS#
PW24155824
City
Pasadena
County
Los Angeles
Time on Site
61 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,729
  • Total Rent: $5,187
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $8,000
  • Pro Forma/Market Rent: $2,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $193,928
  • Net Operating Income: $136,663
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $57,265
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 679 Earlham St #1

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Property Details for 679 Earlham St #1

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 11
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5731014006
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Driving East on Orange Grove Blvd., Turn right onto El Molino Ave., then left onto Earlham St., Property is your left.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Pasadena Agent

Sale History for 679 Earlham St #1

Last sold on March 5th, 2013

  • July, 2024

  • Jul 29, 2024

    Date

    Active

    CRMLS: PW24155824

    $2,488,000

    Price

  • March, 2013

  • Mar 5, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2008

  • Nov 26, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 679 Earlham St #1

Assessed Value (2020): $1,546,423
Year Land Value Improved Value Assessed Value
2020 $1,070,340 $476,083 $1,546,423

Home Value Compared to the Market

This property vs the competition

679 Earlham St #1 is listed 99.04% higher than the median list price for the city of Pasadena which has a median list price of $1,250,000. The median price per/sqft for Pasadena is $756 and this home is listed at $395.49 per/sqft which puts the price per square foot 47.69% lower than the median price per square foot for the city of Pasadena.

About 679 Earlham St #1

Detailed summary of property

679 Earlham St #1 is a apartment located in Pasadena, CA 91101 and is currently for sale. This apartment offers 14 bedrooms, 9 bathrooms, roughly 6,291 living square feet, and sits on an approximately 9,778 square foot lot. 679 Earlham St #1 was first listed on ArdentRealEstateGroup.com on July 30, 2024. The homeowner is currently asking $2,488,000. The median priced home in Pasadena is $1,250,000 with a median price per square foot of $756. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 99.04% higher than the median priced home. Local competing homes currently for sale include 3650 Eagle Rock Blvd, 3020 Baldwin St and 3235 Andrita St. While the average home in Pasadena, CA is selling in 59 days, 679 Earlham St #1 has a days on market of 61 days. There are currently 326 homes for sale in the Pasadena real estate market and 172 of them are single family homes while 118 of them are condos and 36 are townhomes. For more information on this home for sale at 679 Earlham St #1 Pasadena, CA 91101 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 679 Earlham St #1

Public county record property details
Beds
14
Baths
9
Year built
1965
Sq. Ft.
6,291
Lot Size
9,777
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5731-014-006

The source for these homes facts are from public records.

91101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$798
Total Inventory
61
Median Sale to List Price %
99.01%
Avg Days on Market
60
Loan Type
Conventional (45.45%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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Recently Sold Homes Near 679 Earlham St #1

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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