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 picturesque tree-lined streets, vibrant community, and rich history, South Pasadena offers a delightful blend of small-town charm and urban convenience. With its close proximity to downtown Los Angeles, residents enjoy easy access to a myriad of cultural attractions, dining options, and entertainment venues, all while basking in the tranquility of suburban living.

One of the unique housing options available in South Pasadena is the quadruplex, a versatile property subtype that presents an exciting opportunity for both investors and homeowners. Quadruplexes are multi-family residences that consist of four separate units, making them an ideal choice for those looking to generate rental income or for families seeking a communal living arrangement. With the demand for rental properties on the rise, owning a quadruplex in South Pasadena can be a smart investment, providing both financial returns and the chance to be part of a thriving community.

Living in a quadruplex allows for a unique lifestyle where neighbors become friends, fostering a sense of camaraderie. South Pasadena boasts excellent schools, beautiful parks, and a vibrant arts scene, making it an ideal location for families and individuals alike. The city's commitment to preserving its historic charm while embracing modern conveniences ensures that residents enjoy a high quality of life.

Discover the possibilities that await you in South Pasadena, where the allure of quadruplex living meets the charm of a community that feels like home. Whether you're an investor or looking for a place to call your own, South Pasadena is the perfect backdrop for your next chapter.

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

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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.