780 Earlham Street

Pasadena, CA 91101

  • 0 Bed(s)
  • 0 Bath(s)
  • 14,468 Sqft
  • 16801
    Sqft(Lot)
$5,600,000

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 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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47923007

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1964
    • Building Area Total: 14,468

    Pool Features

    • Community

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3857
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 16801

  • Listing Price Information

    • Original List Price: 5,600,000
    • Listing Contract Date: 2024-12-02

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5731016019

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 645 - Pasadena (NW)
    • Directions: Driving East on E. Villa St., Turn Left Onto N. Lake Ave., Turn Left on Earlham St., Property Will Be On Your Left.
    • Zoning: PSR1
    • Source Property Type: Residential Income
    • Area: 645 - Pasadena (NW)
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 60
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: /
    • Property Attached: Yes
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BuyOwner last updated this listing 12/18/2024 @ 05:21

  • MLS: PW24242697
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 14,468 sqft, 16,801 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Pasadena , in zip code 91101, this Los Angeles County Home are nearby neighborhoods.