Listed by Brian Zhang of First Choice Realty & Investment
1711 Fremont Ave is a well-maintained 1950-built (extensively owner-remodeled in recent years) 6-unit apartment building offering 5,315 square feet on a 9,257 sq ft lot, proudly situated in the award-winning, top-notch South Pasadena Unified School District with NO RENT CONTROL. Residents enjoy a short 5-10 minute walk to all three schools - South Pasadena High School, Middle School, and A+-rated Arroyo Vista Elementary - making it ideal for families in one of the area's safest and most quiet residential neighborhoods. 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.

Listing Tools (detailViewNewGen)

Property Details of 1711 Fremont

Property Details

Exterior Features

Map Location

Based on information submitted to CRMLS as of May 18, 2026 1:08 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Seven Gables Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.