Date
Details
Price
Change
Source
12/02/2024
Listed
$5,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$5,600,000
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Property 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.
Full Property Details
Full Property Details for 780 Earlham St
General
- Price: $5,600,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24242697
- Updated: 12/2/2024
- Days on Market: 24 days
- Added to Site: 24 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: Community
Location
- Area: 645 - Pasadena (NW)
- County: Los Angeles
- Development Name: 645 - Pasadena (NW)
- Driving Directions: Driving East on E. Villa St., Turn Left Onto N. Lake Ave., Turn Left on Earlham St., Property Will Be On Your Left.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 16
- # Electric Meters: 16
Structural Information
- Entry Location: /
- Square Feet: 14,468
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 12
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3857
- Lot Size (Sq. Ft.): 16,801
- Lot Size Source: Assessor
- Zoning: PSR1
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $387.06
- Price Per Unit: 350000
Listed by Triqor Group, Ryan Loria
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Listing agent
— 780 Earlham St —
Ryan Loria
Triqor Group
949-756-3232
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 780 Earlham St
School District:Pasadena Unified School District
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
515 E Ashtabula St, Pasadena, CA 91104 | PK-5 | 0.4 mi | |
|
1505 N Marengo Ave, Pasadena, CA 91103 | 6-8 | 1.3 mi | |
|
1905 Lincoln Ave, Pasadena, CA 91103 | 9-12 | 2.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 780 Earlham St
Tax History
Tax History for 780 Earlham St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$57,886
4%
$4,888,738
2%
2022
$55,909
4%
$4,792,896
919%
2021
$53,614
546%
$470,153
1%
2020
$8,300
—
$465,341
2%
2019
$8,287
3%
$455,472
2%
2018
$8,060
1%
$446,542
2%
2017
$7,948
5%
$437,788
2%
2016
$7,598
1%
$429,205
2%
2015
$7,504
—
$422,759
2%
2014
$7,481
—
$414,478
—
2013
$7,454
—
$412,605
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 780 Earlham St
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- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 3,328Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,032Sq. Ft.
- Single Family
- Active
- Updated 7 hours ago
- 3Beds
- 2Total Baths
- 1,451Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 1Total Bath
- 924Sq. Ft.
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- Condo
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,220Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 840Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 3Total Baths
- 1,100Sq. Ft.
- Townhouse
- Active
- Updated 3 days ago
- 3Beds
- 3Total Baths
- 1,593Sq. Ft.
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- Single Family
- Closed
- 4Beds
- 6Total Baths
- 5,995Sq. Ft.
Sold by Chelby Crawford (CalRE#: 01399237)
780 Earlham Street, Pasadena, CA 91101 (MLS# PW24242697) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 780 Earlham Street is currently listed for $5,600,000 and was received on December 02, 2024. Want to learn more about 780 Earlham Street? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.