Contact Xavier Gomez
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181 Monterey Road, South Pasadena, CA 91030
Priced at Only: $11,000,000
For more Information Call
Mobile: 714.478.6676
Address: 181 Monterey Road, South Pasadena, CA 91030
Property Photos

Property Location and Similar Properties
- MLS#: WS25179661 ( )
- Street Address: 181 Monterey Road
- Viewed: 4
- Price: $11,000,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 27
- Acreage: 1.26 acres
- Additional Information
- County: LOS ANGELES
- City: South Pasadena
- Zipcode: 91030
- Provided by: RE/MAX PREMIER/ARCADIA
- Contact: MING MING
- DMCA Notice
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DescriptionWe are pleased to present an exceptional development opportunity in the heart of South Pasadena, a community renowned for its strong market fundamentals and desirable quality of life. This offering includes three contiguous parcels totaling 1.26 acres, delivered with all entitlements secured and plans approved for a 51 unit condominium complex. The approved plans call for a modern, 7 story courtyard style building, encompassing approximately 70,824 total living square feet. The design includes two levels of subterranean/podium parking, topped by five floors of thoughtfully designed residential units. South Pasadena is consistently recognized as one of Southern California's premier residential markets. The city's "green city" ethos, combined with its rich cultural scene, top tier schools, and convenient access to major employment centers, makes it a highly sought after location for homeowners. This project is perfectly positioned to meet the significant demand for new, high quality residential housing in a market with extremely high barriers to entry. This is a rare chance for a developer or investor to acquire a shovel ready project and immediately begin construction, minimizing pre development risk and accelerating time to market.
Features
Additional Parcels Description
- 5311-010-002
- 5311-010-001
Association Fee
- 0.00
Commoninterest
- None
Country
- US
Distancetoschoolscomments
- South Pasadena
Distancetowatercomments
- street
Lot Features
- 36-40 Units/Acre
- Lot Over 40000 Sqft
- Level
- Park Nearby
- Up Slope from Street
Parcel Number
- 5311015035
View
- City Lights
- Mountain(s)
- Neighborhood
Water Source
- Public
Zoning
- SPR310000*

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com