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Listed by Carla J Buigues • Christie's RE SoCal
$1,625,000
Est. payment /mo
4,018 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,018 sqft
Price per Sqft $404
MLS Listing ID P1-27619
Year Built 1960
Lot Size 6,030 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Located in one of the most desirable pockets of South Pasadena, 932 Arroyo Drive
presents a rare opportunity to acquire a well-maintained 5-unit multifamily property in a
premier rental market. The property features an attractive unit mix consisting of one 2-
bedroom unit and four 1-bedroom units, appealing to a broad tenant base seeking the
charm, convenience, and strong community feel that South Pasadena is known for. Ownership has completed several recent capital improvements, including repainted driveways and walkways, newly paved parking lot, rebuilt rear deck, new awnings, new cable railing, new rain gutters, and a new spray foam flat roof installed in 2026. Unit #1 has been tastefully remodeled with a new kitchen, updated flooring, and fresh interior paint. The spacious 2-bedroom unit features central HVAC, while all four 1-bedroom units are equipped with wall A/C units. The property also offers a community coin- operated laundry facility for additional tenant convenience and supplemental income
potential. Positioned along the scenic Arroyo corridor, the property benefits from its close
proximity to parks, hiking trails, golf courses, and recreational amenities, while also being just minutes from Mission Street's popular dining, shopping, and café scene. Residents enjoy convenient access to Downtown Los Angeles, Pasadena, and major transportation corridors, making this an ideal location for commuters and long-term renters alike. South Pasadena's highly regarded schools, tree-lined streets, and strong
rental demand continue to make the city one of the San Gabriel Valley's most sought-after multifamily investment markets.
presents a rare opportunity to acquire a well-maintained 5-unit multifamily property in a
premier rental market. The property features an attractive unit mix consisting of one 2-
bedroom unit and four 1-bedroom units, appealing to a broad tenant base seeking the
charm, convenience, and strong community feel that South Pasadena is known for. Ownership has completed several recent capital improvements, including repainted driveways and walkways, newly paved parking lot, rebuilt rear deck, new awnings, new cable railing, new rain gutters, and a new spray foam flat roof installed in 2026. Unit #1 has been tastefully remodeled with a new kitchen, updated flooring, and fresh interior paint. The spacious 2-bedroom unit features central HVAC, while all four 1-bedroom units are equipped with wall A/C units. The property also offers a community coin- operated laundry facility for additional tenant convenience and supplemental income
potential. Positioned along the scenic Arroyo corridor, the property benefits from its close
proximity to parks, hiking trails, golf courses, and recreational amenities, while also being just minutes from Mission Street's popular dining, shopping, and café scene. Residents enjoy convenient access to Downtown Los Angeles, Pasadena, and major transportation corridors, making this an ideal location for commuters and long-term renters alike. South Pasadena's highly regarded schools, tree-lined streets, and strong
rental demand continue to make the city one of the San Gabriel Valley's most sought-after multifamily investment markets.
Location
State CA
County Los Angeles
Area 658 - South Pasadena
Interior
Heating Wall Furnace, Central
Fireplaces Type None
Laundry Community
Exterior
Parking Features Carport
Garage Spaces 5.0
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description Sprinklers None
Sewer Sewer Paid
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900