$1,650,000
SOLD JUL 16, 2026
6 Beds
5 Baths
4,018 Sq Ft
6,030 Sq Ft Lot

Sale Details

Date Sold: July 16, 2026

$411 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities
  • Block Wall Fence
  • Central Heating and Cooling System

About This Home

As of July 2026

Located in one of the most desirable pockets of South Pasadena, 932 Arroyo Drivepresents a rare opportunity to acquire a well-maintained 5-unit multifamily property in apremier 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 thecharm, 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 incomepotential. Positioned along the scenic Arroyo corridor, the property benefits from its closeproximity to parks, hiking trails, golf courses, and recreational amenities, while also being just minutes from Mission Street's popular dining, shopping, and cafe 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 strongrental demand continue to make the city one of the San Gabriel Valley's most sought-after multifamily investment markets.

Last Agent to Sell the Property

Carla Buigues

Christie's RE SoCal License #01160323 Listed on: 06/15/2026

Christie's RE SoCal

Co-Listed By

Jag Singh

Keller Williams - Eagle Rock License #01886951

Last Buyer's Agent

Carla Buigues

Christie's RE SoCal License #01160323 Listed on: 06/15/2026

Christie's RE SoCal
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,030 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • No Sprinklers

Parking

  • 5 Car Garage
  • 5 Carport Spaces
  • Parking Available

Home Design

  • 4,018 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Gas and Electric Range
  • Suburban Location

Listing and Financial Details

  • Tax Lot 117
  • Assessor Parcel Number 5313010059
  • Seller Considering Concessions

Community Details

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $8,100
  • Trash Expense $3,003
  • Water Sewer Expense $5
  • Operating Expense $40,674
  • Gross Income $107,268
  • Net Operating Income $66,504

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,030 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: LINCOLN PARK
  • View: No
  • Water Sewer Expenses: 5.00
  • Property Type: Residential Income
  • Parcel Number: 5313010059
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 410.65

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas & Electric Range
  • Heating Type: Wall Furnace, Central
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 3003.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6030.00
  • Lot Size Acres: 0.1384

Multi Family

  • Gross Income: 107268.00
  • Gross Scheduled Income: 107268.00
  • Insurance Expense: 8100.00
  • Lot Size Area: 6030.0000 Square Feet
  • Net Operating Income: 66504.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Operating Expense: 40764.00
  • Rent Control: No
  • Total Actual Rent: 106068.00
  • Total Expenses: 40674.00

Tax Info

  • Tax Lot: 117

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2026 07/16/26 Sold $1,650,000 +1.5% $411 / Sq Ft
06/15/2026 06/15/26 For Sale $1,625,000 -- $404 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-27619

Pasadena-Foothills Association of REALTORS®
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