South Pasadena Homes with Quadruplex Subtype

South Pasadena Homes with Quadruplex Subtype

Welcome to South Pasadena, a charming gem nestled in the heart of Los Angeles County, California. Known for its picturesque tree-lined streets, historic architecture, and vibrant community spirit, South Pasadena offers a unique blend of suburban tranquility and urban convenience. With its rich history dating back to the late 19th century, the city boasts a variety of cultural attractions, delightful eateries, and boutique shops that cater to both residents and visitors alike.

One of the standout features of South Pasadena’s real estate market is the availability of homes with a quadruplex subtype. These multi-family residences are perfect for investors looking to maximize their rental income or for families seeking a unique living arrangement. Quadruplex homes typically consist of four separate units, providing ample space and privacy while fostering a sense of community. Imagine living in one unit while renting out the others, creating a steady stream of passive income and making homeownership more affordable.

The appeal of quadruplex homes in South Pasadena extends beyond financial benefits. Residents enjoy the proximity to top-rated schools, lush parks, and a thriving local arts scene. The city is well-connected to public transportation, making it easy to explore the greater Los Angeles area. With its perfect blend of suburban charm and urban accessibility, South Pasadena is an ideal place to call home, especially for those seeking the versatility and opportunity that quadruplex living can provide. Whether you’re an investor or a homeowner, South Pasadena invites you to discover the possibilities that await in this vibrant community.

Newest South Pasadena Homes with Quadruplex Subtype

$2,688,000
AR26143552 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

Start Your Search

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.