$8,500,000
181 Monterey Road, South Pasadena CA 91030
Land
Property type
59 days
On market
N/A
Price per sqft
N/A
Garage
N/A
Year built
54,886 sqft
Lot size
Open Houses
Overview
Land cost average $160,000 per unit !! This is an exceptional and rare development opportunity in the heart of South Pasadena, a community renowned for its strong market fundamentals and desirable quality of life. Offering includes a totaling 1.26 acres lot with all entitlements secured and plans approved for a 53-unit condominium complex. The approved plans call for a...
Listing provided by: MING SONG DRE #01866980 626-888-9808, RE/MAX PREMIER/ARCADIA
Listing updated: Apr 9, 2026 at 08:17pm.
Last checked: Jun 7, 2026 at 08:06pm
Source: CRMLS #WS26076621
Exterior
Lot Features: Thirty Six To Forty Units Acre, Lot Over40000 Sqft, Level, Near Park, Sloped Up
Water Source: Public
Utilities: Electricity Available, Sewer Available
View: City Lights, Mountains, Neighborhood
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5311010076
Additional Parcels: Yes
Tax Lot: 75
Zoning: RM-Housing Opportunity Ov
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Hiking, Suburban, Sidewalks, Park
Nearby Schools
Nearby schools around the 181 Monterey Road, South Pasadena, CA 91030. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$6,800,000
Total Interest
$8,673,025
Total Payment
$15,473,025
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$51,985
per month
Property History for 181 Monterey Road
South Pasadena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91030.
Similar Homes
Listings with similar prices to 181 Monterey Road