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181 Monterey Rd 1.26 Acres of Residential Land Offered at $9,500,000 in South Pasadena, CA 91030

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INVESTMENT HIGHLIGHTS

• Scale: 53 spacious 2BR and 3BR units across 88,111 residential SF.
Top tier school district
Spacious retreats

Architectural innovation
Modern architecture and hillside views in one of the CA's most coveted neighborhood

PROPERTY FACTS

Price	$9,500,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Residential
Sale Condition	Redevelopment Project	Proposed Use	Multifamily Apartment Units - Condo
No. Lots	1	Total Lot Size	1.26 AC
Zoning	RM - Medium density zoning

Price	$9,500,000
Sale Type	Investment or Owner User
Sale Condition	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily Apartment Units - Condo
Total Lot Size	1.26 AC
Zoning	RM - Medium density zoning

1 LOT AVAILABLE

Lot

Price	$9,500,000	Lot Size	1.26 AC
Price Per AC	$7,539,682.54

Price	$9,500,000
Price Per AC	$7,539,682.54
Lot Size	1.26 AC

DESCRIPTION

Presenting an entitled, fully-envisioned, and engineered development opportunity in the heart of South Pasadena. This 53-unit luxury condominium project at 181 Monterey Road has been thoughtfully designed to navigate the hillside terrain, featuring a sophisticated 7-story courtyard layout that is ready for a visionary developer to bring to life.