Jeremiah Moersch REALTOR®
Office: 760-533-2540
80 Monterey Road, South Pasadena
$1,600,000
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0 Bed
0 Bath
.42 Acre
0 Garage
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
Essential Information
- MLS® #
- AR23228157
- Price
- $1,600,000
- Bathrooms
- 0.00
- Acres
- 0.42
- Type
- Land
- Status
- Active
Community Information
- Address
- 80 Monterey Road
- Area
- 658 - So. Pasadena
- City
- South Pasadena
- County
- Los Angeles
- Zip Code
- 91030
- Senior Community
- N
Community Features
Curbs, Hiking, Park, Street Lights, Sidewalks, Biking, Dog Park, Foothills, Suburban
Amenities
- Utilities
- None, Water Not Available
- View
- Mountain(s), Neighborhood
Exterior
- Lot Description
- 0-1 Unit/Acre, Rectangular Lot
Additional Information
- Date Listed
- December 16th, 2023
- Days on Market
- 152
- Zoning
- SPR4YY
Listing Details
- Agent
- Nizar Kailani
- Office
- Kailani Realty
Property History
Price Reduced from $1,800,000 to $1,600,000
Price Reduced from $2,150,000 to $1,800,000
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 2:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.