686 Earlham St #7, Pasadena

Studio 2nd floor unit in Pasadena

Availability: Available Now!

studio bedroom

1 bath

$1495 / month

▶️ carport, 1 space

▶️ no pets

▶️ coin-op on-site

Some Highlights

👍 parking

👍 on-site laundry

Gross Income Needed to Qualify:

3x Portion of Rent Applicant(s) Will be Responsible for

Or Savings of 12x the Rent Applicant(s) Will be Responsible for as a consistent minimum bank balance

3 Years Rental & Work History
No Negative Credit and a FICO score of at least 675
subsidized housing credit requirements may not apply

LOCATION

square footage: 450

AIR

none

LAUNDRY

coin-op on-site

PETS

no pets

PARKING

carport, 1 space

apartment

upper

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GALLERY

REQUIREMENTS

Security Deposit: $1000

Minimum Credit Score: 675

No felonies, no evictions.

We cannot rent to any person with credit less than 650, unless either of the conditions below are true.  If the owner has specified a higher score, they will not usually accept any lower.  We use Experian.  

UNLESS

You have a subsidized housing program, such as Section 8.

** OR **

You are new to the country or just building your credit.

FINANCIAL REQUIREMENT: Income OR Savings

INCOME

Combined Gross Income: at least 3x the rent.

With a government subsidy program, such as Section 8:

If your voucher does not cover the entire rent, your gross income must be at least 3x YOUR PORTION of the rent.

** OR **

SAVINGS

At least 12x the rent.

All roommates combined.  Ending balance for the last 3 months must be at least 12x the rent.  For each account, submit the last 3 statements.

With a government subsidy program, such as Section 8:

12x YOUR PORTION of the rent, if your voucher does not cover the entire rent.

Other features

Some Highlights

👍 parking

👍 on-site laundry

Living Areas:

new carpet

Kitchen:

Appliances:

range - gas, refrigerator

Owner-Paid Utilities:

water, trash, gardener

Extra Space:

Community Features:

on-site laundry

We don't collect the application fee or run your credit until *after* you've viewed & selected a unit.

*Subsidized Housing:* credit score & some other requirements may be different

* no cosigners * no evictions * we do thorough credit & background checks *

Because of a change in California Law, background checks take up to 5 business days.

calculate your budgeT

BUDGET based on your monthly net income (last 3 paystubs)

  1.  Enter  COMBINED TOTAL MONTHLY NET INCOME for all adults with income
    * Each adult must submit last 3 paystubs
    * Any adult who works 2+ jobs – submit last 3 paystubs for EACH job

  2.  Enter REQUIREMENT for the # of adults with income – see below

REQUIREMENT:

  • for 1 adult with income,  enter 2.5
  • for 2 adults with income, enter 3.5
  • for 3 adults with income, enter 4.5, and so on.
Budget-Income
$
per month

BUDGET based on your monthly ending balance (last 3 statements)

  1.  COMBINED TOTAL SAVINGS – all adults, all accounts – LOWEST MONTH
    * Each adult must submit 3 bank statements
    * Any adult with 2+ accounts – submit last 3 statements for EACH account
    * Add together to get your combined total savings for each of the last 3 months
    **Enter the LOWEST balance of the LOWEST of the last 3 months

  2. Your budget = lowest ending balance / 5
Budget-Savings
$
per month