181 Monterey Rd,
South Pasadena, CA 91030
在售房 $11,000,000 ($1,100万)
卧室: -- 浴室: -- / 土地
房屋信息

土地

54886 平方英尺
(5,099平方米)

2025年08月09日
已上市 2 天

地产编号: WS25179661
所处郡县: LA
面积单价:$200.42/sq.ft ($2,157 / 平方米)
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房屋简介

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.

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