181 Monterey, South Pasadena, CA 91030 – WS25179661

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

$11,000,000

Est. payment - /mo

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25179661

Property Sub-Type Lots/Land

Property Description

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 51-unit condominium complex. The approved plans call for a modern, 7-story courtyard-style building, encompassing approximately 70,824 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.

Location

State CA

County Los Angeles

Direction West of Monterey Road

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 5311015035

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Listed by MING SONG RE/MAX PREMIER/ARCADIA

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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181 Monterey South Pasadena, CA 91030

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Others

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