# 622 Prospect, South Pasadena, CA 91030

> **TL;DR:** 8bd/7ba multi-family, $2,688,000, built 1907. Est. $14,376/mo. Listed 27 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,688,000 |
| Bedrooms | 8 |
| Bathrooms | 7 full |
| Year Built | 1907 |
| Lot Size | 10,001 sqft (0.23 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 27 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $13,592 |
| Estimated Insurance | $784 |
| **Total** | **$14,376** |

## Property Highlights

- Built in 1907
- 0.23 acre lot
- 2 stories
- 5 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 622 Prospect, South Pasadena, CA 91030
- **County:** Los Angeles

## Listing Agent

- **Name:** Fred Ashkar · **License:** 00925837
- **Brokerage:** RE/MAX Premier Properties
- **Broker Phone:** (626) 229-2200

## Photos

![622 Prospect - Photo 1](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f3900652579r.jpg)

![622 Prospect - Photo 2](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f3638536359r.jpg)

![622 Prospect - Photo 3](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f1761718707r.jpg)

![622 Prospect - Photo 4](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f2285265406r.jpg)

![622 Prospect - Photo 5](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f83605606r.jpg)

![622 Prospect - Photo 6](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f1501612773r.jpg)

![622 Prospect - Photo 7](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f3806326114r.jpg)

![622 Prospect - Photo 8](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f2414873337r.jpg)

![622 Prospect - Photo 9](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f4153162590r.jpg)

![622 Prospect - Photo 10](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f3248023801r.jpg)

![622 Prospect - Photo 11](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f398393238r.jpg)

![622 Prospect - Photo 12](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f2838222790r.jpg)

![622 Prospect - Photo 13](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f993004797r.jpg)

![622 Prospect - Photo 14](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f1780919140r.jpg)

![622 Prospect - Photo 15](http://lh.rdcpix.com/d6f984aaf6e3016c74d2d7b74ad8dfc2l-f4213318672r.jpg)

---

**MLS#:** AR26214222 | **Updated:** 2026-10-27
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/622-prospect-south-pasadena-ca-91030-cfe5b0f4e5f24f78b4cbf26c86f1ad47)

---

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