181 Monterey Road, South Pasadena, CA 91030
Local realty services provided by:CENTURY 21 Sierra Properties
181 Monterey Road,South Pasadena, CA 91030
$9,500,000
- 1.26 Acres
- Lots / Land
- Active
Listed by: ming song
Office: re/max premier/arcadia
MLS#:CRWS26019142
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$9,500,000
About this home
We 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 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 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.
Contact an agent
Home facts
- Listing ID #:CRWS26019142
- Added:31 day(s) ago
- Updated:February 28, 2026 at 03:33 PM
Structure and exterior
- Lot area:1.26 Acres
- Lot Features:Level, Sloped Up
- Architectural Style:Unimproved Land
- Exterior Features:Level, Sloped Up
Finances and disclosures
- Price:$9,500,000
New listings near 181 Monterey Road
- Open Sun, 1 to 4pmNew
$2,419,000Active4 beds 3 baths2,200 sq. ft.2045 Primrose Avenue, South Pasadena, CA 91030
MLS# 26655739Listed by: RODEO REALTY - Open Sun, 2 to 4pmNew
$1,700,000Active3 beds 2 baths1,828 sq. ft.2046 Marengo Avenue, South Pasadena, CA 91030
MLS# P1-25950Listed by: COLDWELL BANKER REALTY
$2,500,000Active8 beds 10 baths5,535 sq. ft.201 Orange Grove Avenue, South Pasadena, CA 91030
MLS# P1-25859Listed by: SOTHEBY'S INTERNATIONAL REALTY, INC.
$2,200,000Active-- beds -- baths4,560 sq. ft.500 Mound Avenue, South Pasadena, CA 91030
MLS# P1-25851Listed by: NORM HALEY REAL ESTATE
$699,000Active2 beds 1 baths1,016 sq. ft.1720 Mission Street #7, South Pasadena, CA 91030
MLS# P1-25818Listed by: BERKSHIRE HATHAWAY HOME SERVIC- Open Sun, 11am to 2pm
$833,000Active1 beds 1 baths1,150 sq. ft.1010 Sycamore Avenue #120, South Pasadena, CA 91030
MLS# IG26028310Listed by: OLENA MILLER REAL ESTATE
$699,000Active2 beds 1 baths1,016 sq. ft.1720 Mission Street #7, South Pasadena, CA 91030
MLS# P1-25818Listed by: BERKSHIRE HATHAWAY HOME SERVIC- Open Sun, 11am to 2pm
$833,000Active1 beds 1 baths1,150 sq. ft.1010 Sycamore Avenue #120, South Pasadena, CA 91030
MLS# IG26028310Listed by: OLENA MILLER REAL ESTATE
$999,000Active0.35 Acres801 Rollin Street, South Pasadena, CA 91030
MLS# PF26029915Listed by: ENGEL & VOLKERS PASADENA
$850,000Active2 beds 2 baths1,175 sq. ft.130 Monterey Road #205, South Pasadena, CA 91030
MLS# P1-25766Listed by: RE/MAX TOP PRODUCERS