1128 Fremont Avenue, South Pasadena, California 91030, South Pasadena, 91030 - 4 bed, 3 bath
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South Pasadena, California 91030
This Prime Investment Opportunity is a Residential Income Duplex listed at $1,780,000, positioned well below the $1,831,189 Fair Market Value by 2%. This valuation gap offers $51,189 in Instant Equity. Featuring Versatile Zoning and a Condition Rating of 2, the property includes a large deck and 5-car garage. Its location near award-winning schools and retail hubs ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1128 Fremont Avenue Subject | $1,780,000* List Price | 4 | 3 | 2,413 | $759 | - |
A 1715 Raymond Hill Road Active | $2,250,000 List Price | 0 | 0 | 3,006 | $749 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1910, the property has undergone a recent high-quality renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets, updated bathrooms, and newly installed laminate flooring. The interior is in mint, move-in ready condition with fresh paint and contemporary fixtures.
Situated in the heart of South Pasadena within walking distance to award-winning schools and major retail hubs like Trader Joe's, ensuring high tenant demand and long-term appreciation.
The rare dual zoning for both commercial and residential use provides significant flexibility for investors or owner-users looking for a live-work setup or a professional business location.
Features an expansive 5-car detached garage plus a separate carport and large basement, offering rare and extensive storage and parking capacity for a multi-unit property.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2413, other record living area = 2160.
Built in 1910, the property may require significant ongoing maintenance or capital expenditures to modernize aging infrastructure such as plumbing, electrical, and foundation systems.
While some updates like laminate flooring have been added, the property lacks mention of modern central climate control or high-end kitchen finishes typically expected at this premium price point.
Exceptional investment opportunity in the heart of South Pasadena. Zoned for both commercial and residential use, this two-story duplex sits in a prime location within blocks of the city's award-winning high school, middle school, and main corridor. Residents enjoy quick access to shops, restaurants, and grocery stores including Trader Joe's and Pavilions. The main level unit includes approximately 1,288 square feet of living space with a living room, dining room, kitchen, and two bedrooms sharing an updated bathroom. The upper level unit includes approximately 1,125 square feet of living space with a living room, kitchen with breakfast/dining area, and two bedrooms sharing a bathroom. Laminate flooring has been recently added. A large basement offers a laundry area and considerable extra space for storage. The property features a sizable backyard with a lawn and deck extending from the main level. A detached garage accommodates 5 cars and is accessed from a rear alley. A separate carport/storage area offers additional functional space. With an unbeatable location and tremendous potential, 1128 Fremont Ave presents a rare opportunity in a high-demand area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,413 | 1,482 |
| Lot Size | 7,862 | 7,559 |
| Price | $1.78M | $1.57M |
| Price per sq ft | $738 | $693 |
| Built year | 1910 | 1924 |
| HOA | $0 | $0 |
| Days on market | 13 | 128 |
Jul 9, 2026
$1,780,000
Initial Listing