181 Monterey Road, South Pasadena, CA 91030 – CRWS25179661

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Sean Beattie Jr.

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

Listed by MING SONG • RE/MAX PREMIER/ARCADIA

$11,000,000

Est. payment - /mo

54,885 SqFt

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 54,885 sqft

Price per Sqft $200

MLS Listing ID CRWS25179661

HOA Y/N No

Lot Size 1.260 Acres

Property Sub-Type Unimproved Land

Source Datashare California Regional

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

Interior

Fireplace No

Exterior

View City Lights, Mountain(s), Other

Building

Lot Description Level, Sloped Up

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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 Road South Pasadena, CA 91030

Sean Beattie Jr.

Key Details

Location

Interior

Exterior

Building

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