780 Earlham Street, Pasadena, CA 91101 - Berkshire Hathaway HomeServices California Properties

780 Earlham Street, Pasadena, CA 91101

$5,600,000 Approx. USD 0 beds, 0 baths

Listing Agent


Ryan Loria | Ryan.Loria@TriqorGroup.com
Lic#: 02006138
Broker: Courtesy of Triqor Group

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW24242697
Price: $5,600,000
Beds: 0
Baths: 0
Built in 1964
0.39 acres
Lot size: 0.3857
County: Los Angeles
Zoning: PSR1
Lot description: Rectangular Lot
MLS area: 645 - Pasadena (NW)

Last Updated: 4/25/2025

 Days On Market (DOM): 157

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This listing belongs to the 645 - Pasadena (NW) MLS area

Lat/Long: 34.156445, -118.134426.
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Source: CRM. Also Available in 25533217,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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