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 arts scene, and rich history, South Pasadena is a delightful blend of suburban tranquility and urban accessibility. With its proximity to downtown Los Angeles, residents enjoy the best of both worlds—easy access to the bustling city while living in a serene environment that feels like a small town.

One of the unique opportunities in South Pasadena’s real estate market is the availability of quadruplex homes. These multi-family properties offer a fantastic investment opportunity for both seasoned investors and first-time buyers looking to maximize their income potential. With four separate units, quadruplex homes provide the perfect balance of privacy and community, allowing families to live close together while maintaining their own space.

The charm of South Pasadena is reflected in its diverse architectural styles, from quaint Craftsman homes to modern developments. Quadruplex properties often feature spacious layouts, ample parking, and beautiful outdoor spaces, making them ideal for families or individuals seeking a dynamic living arrangement. Moreover, the city's commitment to preserving its historic character ensures that any investment in a quadruplex here is not just a financial decision but also a lifestyle choice.

Living in South Pasadena means being part of a vibrant community that values education, with top-rated schools and numerous parks, making it an ideal place for families. Whether you’re looking to invest or find a multi-generational home, South Pasadena's quadruplex options provide a unique chance to embrace a lifestyle filled with charm, convenience, and community spirit. Come explore the possibilities in this enchanting city!

Newest South Pasadena Homes with Quadruplex Subtype

$2,798,000
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

$2,250,000
AR26109213 MLS Active Under Contract Status
This well maintained four-unit income property presents a rare opportunity for 1031 exchange buyers and long-term investors, seeking stable cash flow, future appreciation, and exceptional upside potential in South Pasadena's desirable neighborhoods. The detached 4-cars garages are currently un-leased, offering flexibility for additional rental income, storage opportunities, or potential ADU conversion. Preliminary 2 ADU plans that are 2 bedrooms 2 bathrooms each, will be included, giving buyers a valuable head start towards maximizing future cash flow. The recent capital improvements include: sewer line relining [pipeliner], and seismic retrofitting, additionally two water heaters had been recently replaced, contributing to the properties overall value and maintenance appeal. This charming property, blend timeless character, strong rental demand and exciting future development possibilities. Three of the four units feature in-unit washer and dryer hook ups, enhance convenience and tenant's appeal. Each unit offers a bright and air atmosphere with many natural light. Open concept living and dining areas, cozy fireplaces, spacious bedrooms, generous closet spaces. Each unit has rear door access leading to backyard. Ready-unit has been tastefully updated with brand new luxury water resistant wide-plank flooring and brand new hardwares. More amenities: Downtown Los Angeles, Fair Oaks retails and the Metro Gold-Line Station.

1715 Raymond Hill Road, 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.