Under Contract

80 Monterey Road

South Pasadena, CA 91030
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SqFt18,504

Sqft(Lot)

LENDER-OWNED DEVELOPMENT OPPORTUNITY – SELLER FINANCING AVAILABLE. Rare opportunity to acquire two contiguous parcels in South Pasadena totaling approximately 18,576 square feet. This lender-owned property is being offered below appraised value for a quick sale and presents a unique opportunity for developers, builders, and investors seeking a residential development site in a highly desirable market. The property features substantial street frontage, elevated topography, and panoramic views of the San Gabriel Mountains. Zoned High Density Residential, the site offers significant development potential subject to buyer investigation and governmental approvals. Seller financing is available on favorable terms, creating flexibility for buyers pursuing entitlement, planning, design, and dev elopment objectives. Owner carry-back financing may provide a valuable alternative to conventional acquisition financing and reduce upfront capital requirements. The sale includes APN 5312-002-031 and APN 5312-002-032. APN 032 is the primary development parcel. APN 031 is not considered a standalone buildable lot but may provide value as an accessory parcel for parking, access, open space, circulation, or other supporting uses, subject to buyer verification and city requirements. The property benefits from its proximity to the Metro A Line and regional transportation corridors, providing convenient access throughout the Los Angeles metropolitan area. Conceptual development studies have been prepared for illustrative purposes only and are available on the supplement page. Buyers are encouraged to conduct their own due diligence regarding zoning, density, utility availability, lot configuration, environmental conditions, entitlement requirements, and all governmental approvals. Development opportunities of this size and location, combined with seller financing and mountain views, are increasingly difficult to find. This offering provides the opportunity to acquire a well-located asset with long-term upside potential in one of the region's most desirable residential markets. Bring ALL offers.

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Detail Ic Property Details

Property Type : Land

Price : $1,150,000

AD Id : 81922332

MLS Id : GD26124651

Lot Size : 18,504 Sqft(Lot)

County : Los Angeles

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Feature Features

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4248
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 18504

  • Listing Price Information

    Original List Price: 1,150,000 Listing Contract Date: 2026-06-09
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5312002031

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 658 - So. Pasadena Directions: Monterey Rd Zoning: SPR4YY Source Property Type: Land Area: 658 - So. Pasadena
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1025 Mission Street, South Pasadena, CA, 91030 $15,500,000 -- -- -- 56,634 Sqft(Lot)
4648 Harriman Avenue, South Pasadena, CA, 91030 $500,000 -- -- -- 7,505.39 Sqft(Lot)
4646 Harriman Avenue, South Pasadena, CA, 91030 $500,000 -- -- -- 7,505.39 Sqft(Lot)
4640 Harriman Avenue, South Pasadena, CA, 91030 $500,000 -- -- -- 7,505.39 Sqft(Lot)
801 Rollin Street, South Pasadena, CA, 91030 $999,000 -- -- -- 15,083 Sqft(Lot)
181 Monterey Road, South Pasadena, CA, 91030 $8,500,000 -- -- -- 54,885.60 Sqft(Lot)
228 Warwick Avenue, South Pasadena, CA, 91030 $599,900 -- -- -- 4,724 Sqft(Lot)
226 Warwick Ave Avenue, South Pasadena, CA, 91030 $599,900 -- -- -- 4,723 Sqft(Lot)
1818 Peterson Avenue, South Pasadena, CA, 91030 $650,000 -- -- -- 3,734 Sqft(Lot)
1337 Oak Hill Place, South Pasadena, CA, 91030 $1,100,000 -- -- -- 7,149 Sqft(Lot)

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ByOwner last updated this listing 06/10/2026 @ 17:47

MLS: GD26124651 LISTED BY: Jack Holwahjian, Huntington Group 626-403-8230 SOURCE: CRMLS

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