Address
1601 Fremont Avenue South Pasadena, CA
Price
$ 2,700,000
Property Attributes
  • MLS#PW21184126
  • TypeContingent
  • CountyLOS ANGELES
  • CitySouth Pasadena
  • AreaSo. Pasadena
  • Zip91030
  • Style
  • Price$ 2,700,000
  • Bedrooms13
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage6695
  • Lot Size0.37 Acres
Listing Provided Courtesy Of:
Gary Tolfa with Triqor Group - 949-756-3232
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Presenting the Fremont Apartments, an incredible value-add apartment building situated in the coveted city of South Pasadena, adjacent to San Marino and Pasadena. The property offers a unit mix of large 1000+ sq. ft. two and three-bedroom units on an oversized 16,308 sq. ft. corner lot. The community features a large courtyard, laundry facility, and carport parking with storage units. Fremont Apartments also offers an investor the opportunity to build accessory dwelling units (buyer to verify). As it stands, the property has approximately 40% upside in rents leading to a 5% cap rate with market rents.

Price History
8/20/2021 Listed $2,700,000

General Features

Carport Spaces 8
Carport Y/N Yes
Community Features Foothills, Park, Sidewalks, Urban, Valley
Listing Agent Gary Tolfa - BRE#00955403
Listing Agent State License 00955403
Lot Size Square Feet 16308
MLS Area 658 - So. Pasadena
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Senior Community Y/N No
Sewer Unknown
Special Listing Conditions Standard
Status Active Under Contract
Terms Conventional
Total Units 6
Zoning SPR310000*

Interior Features

Common Walls 1 Common Wall
Laundry Features Common Area

Exterior Features

Lot Features Corner Lot
Lot Size Acres 0.37
Lot Size Area 16308
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Carport
Total Parking 8
Water Source See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 91030

Price
AVG $1.81M
$2.7M
Visits
AVG 51
85
Year Built
AVG 1949
1949
Walkscore
AVG 56
81
Data Provided by Walkscore ® not using MLS data

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