South Pasadena, CA 91030,612 Fremont Avenue
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Listed by Handoko Chen • Growth Investment Group Pasade
$ 3,750,000
Est. payment /mo
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612 Fremont Avenue South Pasadena, CA 91030

6,540 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,540 sqft

Price per Sqft $573

MLS Listing ID CRAR25231405

HOA Y/N No

Year Built 1965

Lot Size 9,948 Sqft

Property Sub-Type Other

Source Datashare California Regional

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 buil

Location

State CA

County Los Angeles

Interior

Heating Other

Cooling Central Air

Flooring Laminate, Vinyl, Wood

Fireplace No

Window Features Triple Pane Windows

Laundry Common Area, Other

Exterior

View None

Building

Lot Description Level, Other


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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