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Key Details
Sold Price $1,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20605372
Sold Date 01/20/21
HOA Y/N No
Year Built 1913
Lot Size 10,018 Sqft
Property Description
Price Reduction of an additional $50,000! **Seller Financing Available** 710 Fremont Avenue offers an incredible opportunity for an investor or developer to own and operate in a prime San Gabriel Valley location. Some 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.
Location
State CA
County Los Angeles
Area 658 - So. Pasadena
Zoning CO
Rooms
Other Rooms Shed(s)
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher
Exterior
Garage Driveway
Parking Type Driveway
Building
Story 2
Additional Building Shed(s)
Others
Senior Community No
Tax ID 5315002014
Special Listing Condition Standard
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Bought with Matthew Bryant • Berkshire Hathaway HomeServices California Propert
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692