780 Earlham Street

Pasadena CA 91101

0.39 ac.

Multi-Family

Last sold for $5,600,000

Ryan Loria, last sold this property on 01 July 2025 after 0 days on market.

Overview

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.

Features

3 bedrooms

3 bathrooms

0.39 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 3 bedroom multi families sold in Pasadena over the last 12 months, the estimated median property value of 780 Earlham Street is $2.9m.

Median value

$2.9m

Estimated value range

$1.33m - $5.6m

Median days on market

Estimated value trend

100%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Pasadena. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 780 Earlham Street

2025

Sold

$5,600,000

01 Jul 2025 by Ryan Loria, of Triqor Group

Happy sellers in Pasadena

We have insufficient information to provide an overview of customer satisfaction for Pasadena. Viewing the agent profiles, reviews and sales for Pasadena can provide insights for this location.