$2,880,000

1711 Fremont, South Pasadena, CA 91030

  • 5,315 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon9,261sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $542/sqft
  • Property List Date Icon Listed 1 month ago

Property 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 brought 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.

Listing Status:
Active
Date Added:
December 13, 2025
Data Last Updated:
February 8, 2026 at 2:16AM
Listing Office:
First Choice Realty & Investment : 626-378-9738
Listing Agent:
Brian Zhang : 626-378-9738
MLS ID:
WS25275707
  • Appliances: DryerWasher
  • Laundry: Common AreaWasher HookupElectric Dryer HookupGas Dryer HookupLaundry Room
  • Pool: None
  • Parking: Detached CarportParking spaces: 8
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 5319023008
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Brian Zhang , First Choice Realty & Investment

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Marengo Elementary School

1400 Marengo Ave, South Pasadena, CA, 91030

Grades KG-5

0.45 miles away

S

South Pasadena Middle School

1500 Fair Oaks Ave, South Pasadena, CA, 91030

Grades 6-8

0.25 miles away

S

South Pasadena High School

1401 Fremont Ave, South Pasadena, CA, 91030

Grades 9-12

0.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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