181 Monterey Road, South Pasadena, CA 91030

South Pasadena
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
181 Monterey Road,South Pasadena, CA 91030
$8,500,000
  • 1.26 Acres
  • Lots / Land
  • Active
Listed by: ming song
Office: re/max premier/arcadia
MLS#:WS26076621
Source:CAREIL

Price summary

  • Price:$8,500,000

About this home

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 modern, 7-story courtyard-style building, encompassing approximately 70,351 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...

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Home facts

  • Listing ID #:WS26076621
  • Added:4 day(s) ago
  • Updated:April 14, 2026 at 04:29 PM

Structure and exterior

  • Lot area:1.26 Acres
  • Lot Features:Greenbelt, Level, Mid Block, Sloped Up

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$8,500,000
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