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710 Fremont Ave, South Pasadena, CA 91030
3 Beds
6 Baths
5,550 sqft

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710 Fremont Avenue offers an incredible opportunity for an investor or developer to own and operate in a prime San Gabriel Valley location. Several of the units have been tastefully remodeled with plank flooring, counter-tops, vanity and new fixtures. The front unit was built in 1913 and the back unit was built-in 1892. There is a tremendous amount of rental upside to capture which will allow and owner to execute a value-add strategy to capitalize on a generational opportunity. The zoning (Commercial Office) is unique to the City of South Pasadena - it allows for an owner to either convert or build professional offices including but not limited to medical offices, creative offices and other office space for small businesses. The potential exists for a developer to step in, implement a business plan, build-out, and own and operate an A+ commercial office or mixed-use project in the City of South Pasadena.
  • Price:
  • $2,345,000
  • Bedrooms:
  • 3
  • Square Footage:
  • 5,550
  • Acreage:
  • 0.24
  • Year Built:
  • 1913
  • Listing ID #:
  • 19504568
  • Street Address:
  • 710 Fremont Ave
  • City:
  • South Pasadena
  • State:
  • California
  • Postal Code:
  • 91030
  • County:
  • Los Angeles
  • Community:
  • South Pasadena
  • Listing Status:
  • Active
  • Building Floors:
  • 2
  • Number Of Units:
  • 6
  • Total # Of Buildings:
  • 2
  • Total Building Square Footage:
  • 5550
  • Unit1 Bedrooms:
  • 1
  • Unit2 Bedrooms:
  • 2
  • Year Built:
  • 1913
  • Adjusted Gross Income:
  • 109200.00
  • Net Operating Income:
  • 59187.00
  • Approximate Lot Size Range Source:
  • Vendor Enhanced
  • Conforms To Zoning:
  • Spr310000*
  • Lot Square Footage:
  • 10239
  • Days On Market:
  • 101
  • Price Per Square Foot:
  • 422.52
  • Parking Spaces:
  • 6
  • Parking Type:
  • Tandem
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Daniel Withers of Matthews Real Estate Investment Services (DRE#: 01325901)
  • CARETS

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