LAAA Team of Marcus & Millichap is proud to present these 9 units located at 750 Earlham Street in Pasadena, California. Built in 1961, the property sits on 11,047 square feet of land with 5,632 square feet of rentable area and consists of 5- one bed / one bath and 4- two bed / one bath units.

The Seller has replaced 10 water heaters on the property and installed a new drainage system. The property features ample on-site gated carport parking, tenant storage, on-site laundry facilities, spacious balconies and spacious units. There are 2 commercial grade washer and dryers on-site that are owned by the landlord allowing for additional income. The property is entirely gated and equipped with modern intercom technology and all balconies have privacy shades installed.

With a Walk Score of 85, the property is ideally located in a quiet and desirable, tree-lined location proximate to the 210 freeway, minutes from The Carnegie Observatories and less than two miles from the world class dining, shopping and entertainment of Old Town Pasadena, The Paseo and The Shops on Lake Avenue.

The investment has been meticulously maintained allowing a savvy investor to capture the upside by updating and modernizing the units to achieve top market rents.