Homes for sale - 612 Fremont Avenue, South Pasadena, CA 91030

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Theresa Walker

theresa@octagonre.com +1(858) 449-1101

$ 3,595,000

Est. payment | -/mo

3 Beds

2 Baths

9,948 Sqft Lot

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$ 3,595,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

9,948 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID AR25231405

Bedrooms 3

Lot Size 9,948 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

8-unit Value-add in South Pasadena (NO LOCAL Rent Control), Excellent Location steps to Mission Street Downtown District, Large building and Excellent Unit Mix, Excellent Curb Appeal, First Time for Sale Since 1989, South Pasadena School District, Exceptional Demographics. This is the first time this property is being offered for sale since 1989! City of South Pasadena apartment market does not have any local rent control, and it has always been known as a high-barrier-to-entry and no inventory market as there are always very limited numbers of multifamily community offered for sale. Situated near Downtown South Pasadena on Fremont Ave and Mission Street, this property is only steps away from Mission Street Downtown District, and walking distance from all the shopping, dining, and area amenities on Mission St and Fair Oaks Ave. It has Exceptional demographics with over $184,503 AHH income within a mile-radius, and within the highly desirable South Pasadena Unified School District. The property is a 2-story garden style apartment with a well-manicured front lawn. It offers excellent unit mix with four (4) x 2bedroom+1bathroom, and four (4) x 1bedroom+1bathroom units. The property has a total of 6,540SF living space (avg unit size: 818 SF buyer to verify), was built in 1965 with distinctive Mid-Century Modern architecture and sits on a large 9,948 SF R3 zoned lot. The owner has made many capital improvements such as upgrading all the windows & sliders to Triple-pane windows. Four of the central HVAC units were recently replaced (4 years ago), plumbing has been upgraded to cop

Location

State CA

County Los Angeles

Zoning Assessor

Direction 1 block west of Fair Oaks Ave, 2 blocks north of Mission St, cross street is Magnolia St.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5315001037

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10509

Listed by Handoko Chen Growth Investment Group Pasade

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Arroyo Vista Elementary School

Public | KG - 5
10

Monterey Hills Elementary School

Public | KG - 5
10

Marengo Elementary School

Public | KG - 5
10

Valentine Elementary School

Public | KG - 5
9

Celerity Troika Charter

Public | KG - 8
8

Park Elementary School

Public | KG - 8
8

Garfield Elementary School

Public | KG - 8
8

Ramona Elementary School

Public | KG - 8
8

Baldwin Elementary School

Public | KG - 8
7

Sierra Vista Elementary

Public | KG - 6
7

Marguerita Elementary School

Public | KG - 8
6

Rockdale Visual & Performing Arts Magnet

Public | KG - 6
6

Yorkdale Elementary

Public | KG - 5
6

El Sereno Elementary School

Public | PK - 6
6

San Rafael Elementary School

Public | KG - 5
6

Emery Park School

Public | KG - 8
6

Coolidge Elementary School

Public | KG - 5
5

Huntington Drive Elementary

Public | KG - 6
5

Garvanza Elementary

Public | KG - 5
5

San Pascual STEAM Magnet

Public | KG - 5

Middle Schools 10

10

South Pasadena Middle School

Public | 6 - 8
9

Huntington Middle School

Public | 6 - 8
8

Marshall Fundamental

Public | 6 - 12
5

Luther Burbank Middle School

Public | 6 - 8
4

El Sereno Middle School

Public | 6 - 8
4

Blair High School

Public | 6 - 12
0

Optimist Charter

Public | 7 - 12
0

Puc California Academy for Liberal Studies

Public | 6 - 8
0

Fusion Academy Pasadena

Private | 7 - 12
0

Southwestern Academy

Private | 6 - 12

High Schools 13

10

South Pasadena High School

Public | 9 - 12
9

Alhambra High School

Public | 9 - 12
8

San Gabriel High School

Public | 9 - 12
5

Puc Ca Academy for Liberal Studies Early College H

Public | 9 - 12
5

Los Angeles International Charter High School

Public | 9 - 12
0

Optimist High School

Private | 9 - 12
0

Mayfield Senior School

Private | 9 - 12
0

Maranatha High School

Private | 9 - 12
0

Century High School

Public | 9 - 12
0

Independence High (Alternative)

Public | 9 - 12
0

Ramona Convent Secondary School

Private | 9 - 12
0

First Presbyterian School

Private | 9 - 12
0

Rose City High (Continuation)

Public | 9 - 12

School and business data provided by Attom Data.

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, San Diego, CA, 92101

612 Fremont Avenue South Pasadena, CA 91030