Active

80 Monterey Road

South Pasadena CA, 91030

$1,800,000


$97.28 per sqft

Active

0.42 Acres

Land

Listed by Nizar Kailani with Kailani Realty 626-437-7876

Builders, Developers, and Investors, LAND FOR DEVELOPMENT

Unlock the potential of a prime opportunity in South Pasadena - a meticulously planned project featuring the construction of thirteen (13) exquisite modern townhouses. This visionary design encompasses private garages and rooftop patios, elevating the living experience for future residents.

Situated on vacant parcels totaling approximately 18,504 sqft, with an impressive 160 feet of frontage on Monterey Rd, this development offers not only a strategic location but also breathtaking 180 panoramic views of the San Gabriel Mountains.

Seize the chance to develop in South Pasadena, capitalizing on its inherent charm, coveted location, favorable weather, rich traditions, and the added benefit of access to award-winning schools. This investment encompasses two parcels - 5312-002-032and 5312-002-031.

Don't miss out on this exceptional investment opportunity that promises not just a sound financial venture but the creation of a community that harmonizes modern living with picturesque surroundings.

the seller has preliminary plans to build 13 units, plans were not submitted to the city.

Note: Parcels have been combined from 4 previous APN numbers . . the old parcels where 5312-002-007, 5312-002--008, 5312-002--009 & 5312-002-025

AR23228157

MLS ID

December 16, 2023

Listed

March 28, 2024

Updated

Map

80 Monterey Road
South Pasadena CA, 91030

Exterior/Building Features

Lot Size

0.42 Acres


Lot Features

0-1 Unit/Acre, Rectangular Lot

Other Property Details

Area Name

658 - So. Pasadena


Days on Market

73


Garage

No


View

Yes


View Description

Mountain(s), Neighborhood


County

Los Angeles


Water Source

None


Pool

No


Zoning

SPR4YY


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

2/7/2024

Price Change

$1,800,000

-17%

2/2/2024

Price Change

$1,800,000

-17%

Listing Contact: 626-437-7876 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:20 PM UTC

 

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