$2,260,000
SOLD AUG 27, 2025
6 Beds
4 Baths
6,291 Sq Ft
9,778 Sq Ft Lot Lot

Sale Details

Date Sold: August 27, 2025

$359 Per Sq Ft

4% Below List Price

302 Days on Market

About This Home

As of August 2025

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 an approximate 20% upside, generating a 6.2% cap rate with current rents, 7.7% with market rents.

Last Agent to Sell the Property

Ryan Loria

Triqor Group Brokerage Phone: 949-756-3232 License #02006138 Listed on: 07/29/2024

Last Buyer's Agent

Kevin Lee

Coldwell Banker Envision License #01720786

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,778 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • 7 Carport Spaces

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,291 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 297
  • Assessor Parcel Number 5731014006
  • $1,888 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Operating Expense $56,142
  • Gross Income $203,228
  • Net Operating Income $147,087

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

9,778 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: PSR1
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5731014006
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 359.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 7.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 9778.00
  • Lot Size Acres: 0.2245

Multi Family

  • Gross Income: 203228.00
  • Gross Scheduled Income: 209514.00
  • Lot Size Area: 9778.0000 Square Feet
  • Net Operating Income: 147087.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 56142.00
  • Rent Control: Yes
  • Total Expenses: 56142.00

Tax Info

  • Tax Census Tract: 4622.01
  • Tax Lot: 8
  • Tax Tract Number: 297
  • TaxOtherAnnualAssessmentAmount: 1888.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2025 08/27/25 Sold $2,260,000 -5.0% $359 / Sq Ft
05/14/2025 05/14/25 Price Changed $2,380,000 +1.3% $378 / Sq Ft
05/14/2025 05/14/25 Price Changed $2,350,000 0.0% $374 / Sq Ft
05/14/2025 05/14/25 For Sale $2,350,000 +4.0% $374 / Sq Ft
03/10/2025 03/10/25 Off Market $2,260,000 -- --
10/22/2024 10/22/24 Price Changed $2,380,000 +1.3% $378 / Sq Ft
10/22/2024 10/22/24 Price Changed $2,350,000 -5.5% $374 / Sq Ft
07/29/2024 07/29/24 For Sale $2,488,000 -- $395 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,054 $1,690,818 $1,170,571 $520,247
2024 $20,060 $1,657,666 $1,147,619 $510,047
2023 $19,894 $1,625,164 $1,125,117 $500,047
2022 $19,227 $1,593,299 $1,103,056 $490,243
2021 $18,443 $1,562,059 $1,081,428 $480,631
2019 $17,772 $1,516,109 $1,049,353 $466,756
2018 $18,024 $1,486,390 $1,028,778 $457,612
2016 $17,416 $1,428,308 $988,830 $439,478
2015 $17,222 $1,406,854 $973,977 $432,877
2014 $16,903 $1,379,297 $954,899 $424,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24155824

California Regional Multiple Listing Service (CRMLS)
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