• 80 Monterey Road South Pasadena, CA 91030

  • $1,800,000
  • 0
    Sq Ft
  • 18504
    Sqft
  • Listed By: Nizar Kailani, Kailani Realty, DRE #01272558
  • Source: CRMLS

Builders, Developers, and Investors, LAND FOR DEVELOPMENT Unlock the potential of a prime opportunity in South Pasadena – a meticulously planned project featuring the construction of thirteen (13) exquisite modern townhouses. This visionary design encompasses private garages and rooftop patios, elevating the living experience for future residents. Situated on vacant parcels totaling approximately 18,504 sqft, with an impressive 160 feet of frontage on Monterey Rd, this development offers not only a strategic location but also breathtaking 180 panoramic views of the San Gabriel Mountains. Seize the chance to develop in South Pasadena, capitalizing on its inherent charm, coveted location, favorable weather, rich traditions, and the added benefit of access to award-winning schools. This investment encompasses two parcels – 5312-002-032and 5312-002-031. Don't miss out on this exceptional investment opportunity that promises not just a sound financial venture but the creation of a community that harmonizes modern living with picturesque surroundings. the seller has preliminary plans to build 13 units, plans were not submitted to the city. Note: Parcels have been combined from 4 previous APN numbers . . the old parcels where 5312-002-007, 5312-002--008, 5312-002--009 & 5312-002-025

Property Type :

Land

County :

Los Angeles

Style :

Land

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Property Details

 

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.4248

Lot Size Source: Assessor

Lot Size Square Feet: 18504

Listing Price Information

Original List Price: 1,800,000

Listing Contract Date: 2023-12-16

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5312002032

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 658 - So. Pasadena

Directions: Frm 110 Exit Arroyo/Marmion. Go douth east towards Arroyo Verde, make a right on Monterey . .Lok for the lovely red sign

Zoning: SPR4YY

Source Property Type: Land

Area: 658 - So. Pasadena

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1020 El Centro Street, South Pasadena, CA,91030 $15,500,000 -- -- -- 47916 Sqft
1000 Buena Vista Street, South Pasadena, CA,91030 $6,100,000 7 2 7,323 30825 Sqft
1829 Gillette, South Pasadena, CA,91030 $2,200,000 3 2 1,839 7908 Sqft
2030 Hanscom Drive, South Pasadena, CA,91030 $2,848,000 4 5 4,200 10656 Sqft
825 Columbia Street, South Pasadena, CA,91030 $2,499,000 4 2 2,460 9852 Sqft
2123 Hanscom Drive, South Pasadena, CA,91030 $350,000 -- -- -- 3816 Sqft
633 Park Avenue, South Pasadena, CA,91030 $1,985,000 -- -- 3,805 8251 Sqft
909 El Centro Street #103, South Pasadena, CA,91030 $699,000 1 -- 660 --
1735 Hanscom Drive, South Pasadena, CA,91030 $6,980,000 6 6 7,440 11549 Sqft
1733 Hanscom Drive, South Pasadena, CA,91030 $4,988,000 4 4 4,540 5764 Sqft

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ByOwner last updated this listing 05/02/2024 @ 19:33

MLS: AR23228157
LISTED BY: Nizar Kailani, Kailani Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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