$1,350,000
SOLD FEB 24, 2025

502 Fremont Ave South Pasadena, CA 91030

3 Beds
2 Baths
3,328 Sq Ft
6,518 Sq Ft Lot

Recently Sold

$406 Per Sq Ft

21% Below List Price

Highlights

  • City Lights View
  • No HOA
  • 3 Car Attached Garage
  • Arroyo Vista Elementary Rated A+
  • Balcony
  • Central Heating

About This Home

As of February 2025

INCREDIBLE OPPORTUNITY to develop for resale or build your dream home on a stunning lot in the highly desirable South Pasadena area.
Nestled in the heart of South Pasadena, this property offers unparalleled access to everything the city has to offer. Located just minutes from the vibrant shops and restaurants along Mission Street, you'll enjoy the convenience of a lively community atmosphere right at your doorstep.
South Pasadena is renowned for its award-winning school district, making this property ideal for families. The lot is within walking distance of South Pasadena High School, a testament to the area’s commitment to educational excellence. In addition to its thriving culture and top-tier schools, South Pasadena boasts a strong sense of community, lush tree-lined streets, and charming historic architecture. The city's proximity to downtown Los Angeles makes it a prime location for those seeking suburban tranquility while remaining close to urban conveniences. Don’t miss this rare chance to invest in one of Southern California’s most sought-after neighborhoods. Whether you’re looking to build a dream home or develop a profitable project, this property is an exceptional find.

Contact us today to learn more or schedule a viewing!

Last Agent to Sell the Property

Christine Kfoury

Real Broker Brokerage Phone: 714-603-5823 License #02091458 Listed on: 12/20/2024

Real Broker

Last Buyer's Agent

Nasim Mashhadi

Real Estate Source Inc. License #02086338

Real Estate Source Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,272

Year Built

  • Built in 1923

Lot Details

  • 6,518 Sq Ft Lot
  • Front Yard
  • Property is zoned SPR1E*

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,328 Sq Ft Home
  • 1-Story Property
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 6198
  • Assessor Parcel Number 5317015010
  • $1,111 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,272

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: SPR1E*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5317015010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3328.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 405.65
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: South Pasadena

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6518.00
  • Lot Size Acres: 0.1496

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6518.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4806.02
  • Tax Lot: 4
  • Tax Tract Number: 6198
  • TaxOtherAnnualAssessmentAmount: 1111.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2024
Closed on
Feb 18, 2025
Sold by
New Age Housing Inc
Bought by
32336 Cole Grade Vc Llc
Seller's Agent
Christine Kfoury
Real Broker
Buyer's Agent
Nasim Mashhadi
Real Estate Source Inc.
List Price
$1,700,000
Sold Price
$1,350,000
Premium/Discount to List
-$350,000
-20.59%
Total Days on Market
0
Views
32
Current Estimated Value
$1,484,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,853
Avg. Annual Appreciation
20.53%
Original Mortgage
$270,000
Outstanding Balance
$268,865
Interest Rate
6.93%
Estimated Equity
$1,215,988

Purchase Details

Listed on
May 17, 2023
Closed on
Nov 7, 2023
Sold by
C Squared Capital Llc
Bought by
New Age Housing Inc
Seller's Agent
John Ban
Hampton Realty & Investment
Buyer's Agent
Trevor Carpenter
Rodeo Realty
List Price
$1,300,000
Sold Price
$875,000
Premium/Discount to List
-$425,000
-32.69%
Views
364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.31%

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 28, 2023
Sold by
Bear Flag Homes Llc
Bought by
C Squared Capital Llc
Seller's Agent
John Ban
Hampton Realty & Investment
Buyer's Agent
Trevor Carpenter
Rodeo Realty
List Price
$1,300,000
Sold Price
$875,000
Premium/Discount to List
-$425,000
-32.69%
Views
364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,182,000
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 23, 2023
Sold by
Jong Will M and Jong Karen Chao
Bought by
Bear Flag Homes Llc
Seller's Agent
John Ban
Hampton Realty & Investment
Buyer's Agent
Trevor Carpenter
Rodeo Realty
List Price
$1,300,000
Sold Price
$875,000
Premium/Discount to List
-$425,000
-32.69%
Views
364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,182,000
Interest Rate
6.81%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,350,000 Stewart Title Of California In
Grant Deed $875,000 Lawyers Title Company
Grant Deed $925,000 Lawyers Title Company
Grant Deed $875,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 No Value Available
Open $1,270,750 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $1,182,000 Construction
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Commercial
Previous Owner $132,500 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $165,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $1,350,000 -20.6% $406 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
12/20/2024 12/20/24 For Sale $1,700,000 +94.3% $511 / Sq Ft
09/08/2023 09/08/23 Sold $875,000 -16.7% $263 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $1,050,000 -19.2% $316 / Sq Ft
05/17/2023 05/17/23 For Sale $1,300,000 -- $391 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,272 $892,500 $790,500 $102,000
2024 $11,272 $875,000 $775,000 $100,000
2023 $8,743 $659,793 $216,431 $443,362
2022 $8,542 $646,857 $212,188 $434,669
2021 $8,374 $634,175 $208,028 $426,147
2019 $8,127 $615,366 $201,858 $413,508
2018 $7,893 $603,300 $197,900 $405,400
2016 $7,300 $579,874 $190,216 $389,658
2015 $7,181 $571,164 $187,359 $383,805
2014 $7,089 $559,976 $183,689 $376,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24252345

California Regional Multiple Listing Service (CRMLS)

APN: 5317-015-010