760 Earlham Street

    Pasadena, CA 91101
    • $4,250,000
    • STATUS: Active
    • ON SITE: 86 days
    • ID#: PW18229388
    UPDATED: 78 min ago
    $4,250,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,566
      SQFT
    • $444
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Triqor Group has been chosen to exclusively represent the owner of Earlham Apartments with an objective to accomplish a 1031 Exchange. This turnkey property contains an attractive mix of Studio, 1-Bedroom, and 2-Bedroom units. Property amentities include ample parking while each unit has private patio/balcony, stainless appliances and tasteful granite countertops. The property has undergone a substantial amount of upgrades over the years that provide residents with a modernized living environment. Earlham Apartments is a rare opportunity for an astute investor to purchase an apartment building with a proforma 5% Cap Rate and significant upside in one of the most exclusive markets in Southern California.The Earlham Apartments is located in Pasadena, conveniently located near the 710 and 210 Freeway. The city of Pasadena is highly recognized for its centralized location, with popular local attractions such as The Shops on Lake Avenue, The Huntington Library and North Simon Museum near Old Town Pasadena. Additionally, the property is just a few miles from Rose Bowl Stadium and Brookside Golf & Country Club. With its convenient positioning to local attractions, plazas, and freeways, the Earlham Property offers an investor the opportunity to acquire a turnkey property

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/87734871

    760 Earlham Street Pasadena, CA 91101

    • Price: $4,250,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: PW18229388
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    9,566
    SQFT
    $444
    $/SQFT
    1963
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Triqor Group has been chosen to exclusively represent the owner of Earlham Apartments with an objective to accomplish a 1031 Exchange. This turnkey property contains an attractive mix of Studio, 1-Bedroom, and 2-Bedroom units. Property amentities include ample parking while each unit has private patio/balcony, stainless appliances and tasteful granite countertops. The property has undergone a substantial amount of upgrades over the years that provide residents with a modernized living environment. Earlham Apartments is a rare opportunity for an astute investor to purchase an apartment building with a proforma 5% Cap Rate and significant upside in one of the most exclusive markets in Southern California.The Earlham Apartments is located in Pasadena, conveniently located near the 710 and 210 Freeway. The city of Pasadena is highly recognized for its centralized location, with popular local attractions such as The Shops on Lake Avenue, The Huntington Library and North Simon Museum near Old Town Pasadena. Additionally, the property is just a few miles from Rose Bowl Stadium and Brookside Golf & Country Club. With its convenient positioning to local attractions, plazas, and freeways, the Earlham Property offers an investor the opportunity to acquire a turnkey property
    Exterior Features

    Carport Spaces 10.00 Garage Spaces 0.00 Lot Features 11-15 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 241500.00 Gross Scheduled Income 241500.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 156091.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 13 Number Of Separate Gas Meters 13 Number Of Separate Water Meters 13 Operating Expense 78164.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 78164.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Workmans Compensation Expense 0.00 Zoning Psr1

    Listing provided courtesy of Gary Tolfa of Triqor Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T20:27:09.063. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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