
780 Earlham St Pasadena, CA 91101
Northwest Pasadena NeighborhoodHighlights
- 0.39 Acre Lot
- Community Pool
- Rectangular Lot
- John Muir High School Rated A-
- Laundry Room
About This Home
As of July 2025We 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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.39 Acre Lot
- Two or More Common Walls
- Rectangular Lot
Home Design
- Apartment
Interior Spaces
- 14,468 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 21 Parking Spaces
- 21 Carport Spaces
Listing and Financial Details
- Assessor Parcel Number 5731016019
- $3,733 per year additional tax assessments
Community Details
Recreation
- Community Pool
Building Details
- Rent Control
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $148,537
- Gross Income $468,254
- Net Operating Income $319,717
Additional Features
- 16 Units
- Laundry Facilities
Similar Home in Pasadena, CA
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | Sold | $5,600,000 | 0.0% | $387 / Sq Ft |
05/22/2025 05/22/25 | For Rent | $2,450 | -20.8% | -- |
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 | -- | -- |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Ryan Loria
Triqor Group
(714) 604-6608
1 in this area
6 Total Sales
-
Buyer's Agent in 2025
Teresa Taylor
Keyholder Estate
(310) 713-7211
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24242697

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