$8,500,000
181 Monterey Road, South Pasadena CA 91030
Land
Property type
67 days
On market
$6,745,983
$ per acre
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 12, 2026 at 05:30am
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
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