932 Arroyo Drive, South Pasadena, CA 91030
- $1,650,000
- Sold Price
- $1,650,000
- List Price
- $1,625,000
- Closing Date
- Jul 16, 2026
- Status
- CLOSED
- MLS#
- P1-27619
- Year Built
- 1960
- Lot Size
- 6,030
- Acres
- 0.14
- Lot Location
- Sprinklers None
- Days on Market
- 2
- Property Type
- Multifamily
- Neighborhood
- Other
Property Description
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.
Additional Information
- Appliances
- Electric Range, Gas Range, Refrigerator
- Pool Description
- None
- Heat
- Central, Wall Furnace
- Cooling
- Yes
- Cooling Description
- Central Air, Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Stucco
- Garage Spaces Total
- 5
- Sewer
- Sewer Tap Paid
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $107,268
- Operating Expense
- 40764
Listing courtesy of Listing Agent: Carla Buigues (thebuiguesgroup@gmail.com) from Listing Office: Christie's RE SoCal.
Listing sold by Carla Buigues from Christie's RE SoCal
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.