1711 Fremont South Pasadena, CA 91030
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS25275707
HOA Y/N No
Year Built 1950
Property Sub-Type Mixed Use
Property Description
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.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Interior
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Detached Carport
Carport Spaces 8
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5319023008
Energy Description 92.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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