Asking Price: $2,880,000

1711 Fremont Ave stands as a well-maintained 1950-built 6-unit apartment building offering 5,315 square feet on a 9,257 sq ft lot in one of South Pasadena’s safest and most quiet residential neighborhoods. The unit mix includes four 1-bedroom/1-bath units (700-800 sq ft each) and two 2-bedroom units (820-950 sq ft; one with 1.5 baths and one with a large private balcony). Four units feature recent renovations including new kitchens, bathrooms, flooring, paint, lighting, and HVAC systems. The property provides covered carport parking for every unit, upgraded electrical panels, a sprinkler system, and a shared on-site laundry room. Located in the award-winning South Pasadena Unified School District, the building is a short walk to top-rated schools, parks, the Metro Gold Line, and the vibrant shops and restaurants along Fair Oaks and Mission Street. This combination of location, condition, and rarity—first time available in over 18 years—presents a compelling value-add opportunity with a pro forma cap rate of 4.12% 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. The sale is subject to the seller completing a 1031 exchange with a preferred closing window of February to March 2026.