Seller's Agent in 2025
Ryan Loria
Triqor Group
(714) 604-6608
2 in this area
13 Total Sales
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 5.7%, 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.
Last Agent to Sell the Property
Triqor Group Brokerage Phone: 949-756-3232 License #02006138 Listed on: 12/02/2024
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Off Market | $3,095 | -- | -- |
| 07/01/2025 07/01/25 | Sold | $5,600,000 | 0.0% | $387 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $3,095 | +3.2% | $3 / Sq Ft |
| 01/18/2025 01/18/25 | Price Changed | $3,000 | 0.0% | $3 / Sq Ft |
| 01/18/2025 01/18/25 | For Rent | $3,000 | 0.0% | -- |
| 12/02/2024 12/02/24 | For Sale | $5,600,000 | 0.0% | $387 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $2,800 | +40.4% | $3 / Sq Ft |
| 08/02/2024 08/02/24 | Price Changed | $1,995 | -9.1% | $2 / Sq Ft |
| 06/26/2024 06/26/24 | Price Changed | $2,195 | -24.3% | $2 / Sq Ft |
| 06/05/2024 06/05/24 | Price Changed | $2,900 | -1.7% | $3 / Sq Ft |
| 05/02/2024 05/02/24 | Price Changed | $2,950 | +5.4% | $3 / Sq Ft |
| 03/10/2024 03/10/24 | Price Changed | $2,800 | +12.0% | $3 / Sq Ft |
| 03/09/2024 03/09/24 | For Rent | $2,500 | 0.0% | -- |
| 05/03/2023 05/03/23 | Price Changed | $2,500 | +8.7% | $3 / Sq Ft |
| 11/11/2022 11/11/22 | Price Changed | $2,300 | -25.7% | $2 / Sq Ft |
| 11/10/2022 11/10/22 | For Rent | $3,095 | -- | -- |
| 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 | $58,363 | $5,085,450 | $1,804,513 | $3,280,937 |
| 2024 | $58,363 | $4,985,736 | $1,769,131 | $3,216,605 |
| 2023 | $57,886 | $4,887,978 | $1,734,443 | $3,153,535 |
| 2022 | $55,909 | $4,792,136 | $1,700,435 | $3,091,701 |
| 2021 | $8,531 | $469,393 | $41,381 | $428,012 |
| 2020 | $8,300 | $465,341 | $40,957 | $424,384 |
| 2019 | $8,287 | $456,232 | $40,154 | $416,078 |
| 2018 | $8,060 | $447,302 | $39,367 | $407,935 |
| 2016 | $7,598 | $429,205 | $37,840 | $391,365 |
| 2015 | $7,504 | $422,759 | $37,272 | $385,487 |
| 2014 | $7,481 | $414,478 | $36,542 | $377,936 |
Seller's Agent in 2025
Ryan Loria
Triqor Group
(714) 604-6608
2 in this area
13 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24242697