Active

1711 Fremont

South Pasadena, CA 91030

$2,880,000 $12,142/Mo

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Overview

Bed

Bath

5,315

Sqft

9,259

Sqft(Lot)

Description

1711 Fremont Ave is a well-maintained 1950-built (extensively owner-remodeled in recent years) 6-unit apartment building offering 5,315 square feet on a 9,257 sq ft lot, proudly situated in the award-winning, top-notch South Pasadena Unified School District with NO RENT CONTROL. Residents enjoy a short 5-10 minute walk to all three schools — South Pasadena High School, Middle School, and A+-rated Arroyo Vista Elementary — making it ideal for families in one of the area’s safest and most quiet residential neighborhoods. The unit mix features three 2-bedroom units (Units A and B are identical 2-story townhouse-style layouts with 2 bedrooms and 1.5 baths upstairs/downstairs; Unit F offers 2 bedrooms, 1 bath, and a huge private balcony) and three 1-bedroom/1-bath units. Four units have been b rought to near-new condition with modern kitchens (stainless steel sinks, dishwashers, cabinetry), updated bathrooms, new flooring, paint, and lighting. Units C, D, and E share identical floor plans, while flooring finishes vary slightly across the remodeled units. The property includes covered carport parking for every unit, upgraded electrical panels, a sprinkler system, window air conditioning units, and a shared on-site laundry room providing additional income. Just one block from Fair Oaks Ave, the building is conveniently near parks, the Metro Gold Line, and vibrant shops/restaurants along Fair Oaks and Mission Street. This combination of premier school access, extensive owner upgrades, and rarity — first time available in over 18 years — presents a compelling value-add opportunity with a pro forma cap rate of 4.02% at the $2,880,000 asking price, achieved by leasing the four vacant units to market rents. Four units will be delivered vacant at closing (several strong applications with excellent credit currently under review and on hold — contact agent for details). The sale is subject to the seller completing a 1031 exchange with a preferred closing window of February to March 2026.

Property Details

Property Type : Residential Income

Price : $2,880,000

AD Id : 70937330

MLS Id : WS25275707

Lot Size : 9,259 Sqft

Living Area Size : 5,315

Year Built : 1950

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Sewer: Public Sewer
Interior Features

Property Appliances: Dryer,Washer

Building Information

Year Built: 1950 Building Area Total: 5,315
Pool Features

None

Laundry Features

Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2126
Lot Size Source: Assessor Lot Size Square Feet: 9259

Listing Price Information

Original List Price: 2,880,000 Listing Contract Date: 2025-12-12
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5319023008

Garage and Parking

Garage Description: Detached Carport

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity

Other Property Info

Source Listing Status: Active Source Neighborhood: 658 - So. Pasadena Directions: Fremont Ave Source Property Type: Residential Income Area: 658 - So. Pasadena Property SubType: Mixed Use
Building and Construction

Property Age: 76 Common Walls: 1 Common Wall Structure Type: Mixed Use Year Built Source: Appraiser Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
2041 Ashbourne Drive, South Pasadena, CA, 91030	$5,999,999	4	4	3,283	3,283 SqFt
507 Garfield Avenue, South Pasadena, CA, 91030	$1,988,000	2	2	2,553	2,553 SqFt
1714-1718 Grevelia Street, South Pasadena, CA, 91030	$3,995,000	--	--	7,702	7,702 SqFt
500 Mound Avenue, South Pasadena, CA, 91030	$2,200,000	--	--	4,560	4,560 SqFt
412 Oaklawn Avenue, South Pasadena, CA, 91030	$4,950,000	7	2	5,199	5,199 SqFt
203 Oaklawn Avenue, South Pasadena, CA, 91030	$3,500,000	6	2	5,622	5,622 SqFt
1131 Columbia Street, South Pasadena, CA, 91030	$2,499,000	6	3	4,919	4,919 SqFt
2034 Marengo, South Pasadena, CA, 91030	$1,990,000	4	3	1,998	1,998 SqFt
534 Orange Grove Avenue, South Pasadena, CA, 91030	$1,299,000	4	2	1,783	1,783 SqFt
530 Orange Grove Avenue, South Pasadena, CA, 91030	$1,099,000	2	1	1,437	1,437 SqFt

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ByOwner last updated this listing 06/12/2026 @ 20:49

MLS: WS25275707 LISTED BY: Brian Zhang, First Choice Realty & Investment 626-378-9738 SOURCE: CRMLS