South Pasadena Homes with Quadruplex Subtype

South Pasadena Homes with Quadruplex Subtype

Welcome to South Pasadena, a charming city nestled in the heart of Los Angeles County, California. Known for its rich history, vibrant community, and picturesque tree-lined streets, South Pasadena offers the perfect blend of suburban tranquility and urban convenience. With its close proximity to downtown Los Angeles and neighboring cities, residents enjoy easy access to a plethora of dining, shopping, and entertainment options, while still relishing the peaceful atmosphere of this delightful enclave.

One of the unique aspects of South Pasadena's real estate landscape is the availability of quadruplex homes. These multifamily properties are an excellent investment opportunity for those looking to maximize their rental income or simply accommodate extended family. Quadruplexes typically consist of four separate living units, providing ample space for tenants while allowing owners to maintain a manageable property size.

In South Pasadena, these homes often feature charming architectural styles, including Craftsman and Spanish Revival designs, seamlessly blending with the city’s historic character. Many quadruplexes come equipped with modern amenities, spacious layouts, and lush outdoor areas, making them attractive to potential renters.

Living in South Pasadena means being part of a close-knit community that values education, with top-rated schools and numerous parks that invite outdoor activities. Whether you’re an investor seeking a lucrative opportunity or a homeowner looking for a unique living arrangement, quadruplex homes in South Pasadena present a fantastic option. Discover the possibilities in this enchanting city where history meets modern living, and make South Pasadena your next investment destination!

Newest South Pasadena Homes with Quadruplex Subtype

622 Prospect, South Pasadena
$2,688,000
AR26214222 MLS ⋅ Active Status
Rare opportunity to own a fully occupied, character-rich 4-unit income property in one of the San Gabriel Valley's most coveted neighborhoods. Set on a generous 10,002 SF lot in walkable South Pasadena, this two-building property combines the timeless charm of a 1907 Craftsman front house with the income efficiency of a modern 1988 rear building — a combination rarely found at this price point. The front house (3BR/2BA) is the crown jewel: a beautifully maintained Craftsman bungalow showcasing original hardwood floors, a stone fireplace, updated kitchen with stainless appliances, and tastefully renovated bathrooms featuring subway tile, floating vanities, and designer fixtures. A covered front porch and exceptional curb appeal make it equally ideal for an owner-user or a premium rental commanding top-of-market rents. The rear building adds three income-producing units — two 2BR/2BA and one 1BR/1BA — each with assigned carport parking and separately metered utilities. Currently 100% occupied generating $131,700 in annual gross income, with estimated market rents of $156,000/year representing an 18.5% upside as leases roll to market — a compelling value-add story for investors. Pro-forma cap rate of approximately 4.5% at the asking price. The generous lot and long driveway also invite exploration of ADU development potential (buyer to verify). Located within the award-winning South Pasadena Unified School District, minutes to the Gold Line Metro, Fair Oaks shops and dining, and Downtown Los Angeles. A rare find for 1031 exchange buyers, value-add investors, and owner-users alike — don't miss this exceptional South Pasadena offering.

622 Prospect, South Pasadena

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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