Home | Los Angeles County | South Pasadena | 91030 | 622 Prospect
622 Prospect, South Pasadena, CA 91030
MLS: CRAR26143552 | Status: Active | Price: $2,798,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
– |
10,002 |
1907 |
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 inv
| Field |
Value |
| MLS # |
CRAR26143552 |
| MLS Source |
California Regional MLS |
| Days on Site |
10 |
Features
Interior Features
| Feature |
Details |
| Laundry |
Community Facility |
| Heating |
Forced Air |
Exterior Features
| Feature |
Details |
| Roof |
Composition |
| Foundation |
Raised |
| Pool |
None |
| Style |
Craftsman |
| Feature |
Details |
| Garage/Parking |
Carport, Garage: 0 Car(s) |
| HOA Fee |
$0 |
| Listing Agent |
Co-Listing Agent |
| Fred Ashkar |
John Ashkar |
| Re/Max Premier Prop Arcadia |
Re/Max Premier Prop Arcadia |
| License #: 00925837 |
License #: 01807861 |
| Phone: (626) 229-2200 |
Phone: – |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 1 |
4 |
4 |
Unit Details
| Unit # |
Sq Ft |
Beds |
Baths |
Rent |
| 1 |
618 |
– |
0/0 |
– |
| 2 |
771 |
– |
0/0 |
– |
| 3 |
1,300 |
– |
0/0 |
– |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Nearby Homes
Disclosures
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 09, 2026. For the most current information, please contact Fred Ashkar, (626) 229-2200.