622 Prospect
South Pasadena, CA 91030
Listing broker / agent: Re/Max Premier Properties · Fred Ashkar · 818-681-4975 · CRMLS
MLS # AR26214222 · Last checked Oct 21, 2026 05:55 UTC
About this property
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.
Property details
- MLS number
- AR26214222
- Status
- Active
- Type
- Residential Income
- Subtype
- Quadruplex
- Lot size
- 0.2296 acres
- Year built
- 1907
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 1
Building
- Year built
- 1907
- Year built source
- Assessor
- Architectural style
- Craftsman
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
- Roof
- Composition
- Foundation
- Raised
- Condition
- Updated Remodeled
Rooms & interior
- Heating
- Forced Air
- Fireplace
- None
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 5
- Garage spaces
- 0
- Carport spaces
- 5
- Parking
- Carport
- Pool
- None
- Spa
- None
- Lot size source
- Assessor
- Fencing
- Wood
Utilities & community
- Water
- Public
- Sewer
- Sewer Tap Paid
- Community features
- Gutters, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Arroyo Vista Elementary South Pasadena Unified · South Pasadena | K–5 | 0.6 mi |
| South Pasadena Senior High South Pasadena Unified · South Pasadena | 9–12 | 0.7 mi |
| San Pascual Elementary Science Technology Engineering Arts And Mathematics (STEAM) Magnet (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 0.8 mi |
| South Pasadena Middle South Pasadena Unified · South Pasadena | 6–8 | 0.8 mi |
| Blair High (school website, opens in a new tab) Pasadena Unified · Pasadena | 6–12 | 0.9 mi |
| Marengo Elementary South Pasadena Unified · South Pasadena | K–5 | 0.9 mi |
| Monterey Hills Elementary South Pasadena Unified · South Pasadena | K–5 | 1.0 mi |
| Garvanza Elementary School Technology and Leadership Magnet (school website, opens in a new tab) Los Angeles Unified · Los Angeles | K–5 | 1.4 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $2,688,000
- MLS-reported original asking price
- $2,688,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 06:04 | $2,688,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in South Pasadena
Active residential homes for sale in South Pasadena, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
4 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 06:04 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗