622 San Pascual Avenue, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath
ACTIVE$1,248,000
622 San Pascual Avenue, Los Angeles, California 90042
0Bed
0Bath
2,879Sqft
7,502Lot
Year Built
1940
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
$433
HOA
-
Days on market
-
Sold On
-
MLS number
WS25108939
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.25M(62th), sqft - 2879(69th), beds - undefined(50th), baths - undefined(50th).
Prime Highland Park Investment Opportunity! A single house with 3 bedrooms in the front and 3- one bedroom units with parking in the back, this property is located in one of LA's most vibrant and sought-after neighborhood, steps away from South Pasadena. Each unit has good floorplan, natural light, and has been updated with newer flooring and kitchen. Just a short walk to local schools, park and shopping area. Easy access to 110 fwy makes community a breeze. These 4 units are ideal for savvy investors looking for long-term value! Close to all. 1 Unit will be delivered vacant at C.O.E.
Price History
Date
Event
Price
10/30/25
Price Change
$1,248,000-1.7%
08/08/25
Price Change
$1,269,000
05/15/25
Listing
$1,299,000
06/18/99
Sold
$168,500
Condition Rating
Fair
The property was built in 1940, and while the exterior shows its age with some wear, the interior has received significant updates. The description notes 'newer flooring and kitchen' in each unit, which is supported by the images. The kitchens feature modern white shaker cabinets, dark countertops, subway tile backsplashes, stainless steel appliances, and recessed lighting. Bathrooms are also updated with modern vanities, tiled showers, and contemporary fixtures. Flooring throughout the living areas and bedrooms is newer laminate, and tile in wet areas. These interior renovations are quite good and appear to be within the last 5-15 years. However, the overall structure is over 80 years old, and without information on major systems (HVAC, plumbing, electrical beyond what's visible) or a full exterior renovation, the property doesn't meet the 'Good' standard for the entire building. It's an aged home with substantial, but not comprehensive, updates, placing it in the 'Fair' category.
Pros & Cons
Pros
High-Yield Investment Opportunity: A quadruplex structure explicitly positioned as a prime investment, offering diversified income streams and long-term value potential in a desirable market.
Desirable Highland Park Location: Situated in a vibrant, sought-after neighborhood with excellent walkability to schools, parks, and shopping, plus convenient freeway access (110 Fwy), enhancing tenant appeal and property appreciation.
Updated Unit Interiors: Each unit features good floorplans, natural light, and recent updates including newer flooring and kitchens, reducing immediate tenant turnover and maintenance for a new owner.
Immediate Vacancy for Flexibility: One unit will be delivered vacant at the close of escrow, providing the new owner with immediate flexibility for owner-occupancy, market-rate rental, or strategic renovations.
Valuable On-Site Parking: The property includes dedicated parking for units, a significant and highly valued amenity in the dense Los Angeles market, improving tenant satisfaction and property desirability.
Cons
Property Age & System Concerns: Built in 1940, the property's age suggests potential for older major systems (e.g., plumbing, electrical, roof) that may require significant capital expenditures in the future, despite interior unit updates.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price, which could indicate an initial overvaluation or market resistance, potentially affecting perceived value or time on market.
Potentially Smaller Unit Sizes: With 2879 sqft distributed among a 3-bedroom house and three 1-bedroom units, the individual 1-bedroom units may be relatively compact, potentially limiting rental income upside compared to larger units.