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185 Monterey Road, South Pasadena, CA 91030

South Pasadena
Local realty services provided by:CENTURY 21 Sierra Properties
185 Monterey Road,South Pasadena, CA 91030
$8,000,000
  • 1.26 Acres
  • Lots / Land
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap
MLS#:CL26859615
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$8,000,000

About this home

We are pleased to present 185 Monterey Road, a rare fully entitled 53-unit condominium development opportunity located in the highly sought-after city of South Pasadena. The 1.26-acre site has received Tract Map Approval, eliminating years of entitlement risk while allowing a developer to retain flexibility by completing building permits, value engineering, and contractor selection after closing.The approved project consists of 53 condominium residences (46 market-rate and 7 moderate-income units) within a seven-story, approximately 88,111-square-foot building featuring structured podium parking, premium resident amenities, and contemporary architectural design. Offered at $8,000,000 ($150,943 per approved unit), the project represents one of the few large-scale for-sale residential development opportunities available in one of Los Angeles County's most supply-constrained ownership housing markets.South Pasadena's exceptional public schools, affluent demographics, walkable downtown,...

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Home facts

  • Listing ID #:CL26859615
  • Added:51 day(s) ago
  • Updated:September 04, 2026 at 02:36 PM

Structure and exterior

  • Lot area:1.26 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$8,000,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 4, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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