This Multifamily Property is no longer advertised on LoopNet.com.

194 Monterey Rd
South Pasadena, CA 91030
194 Monterey Road · Multifamily Property For Sale · 3 Units

Investment Highlights

  • Four apartment units (two duplex structures on a single lot)
  • Two units delivered vacant creating flexibility for an owner-user or value add investor
  • Quiet tree-lined street in highly desirable South Pasadena submarket boasting award winning public education
  • Expansive 12,482 square foot lot
  • Future redevelopment potential or possibility of adding ADUs
  • Competitive price-per-unit/price-per-foot for the area

Property Facts

No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Lot Size 0.29 AC
Building Size 3,130 SF
Average Occupancy 2%
No. Stories 2
Year Built 1953
Parking Ratio 1.28/1,000 SF
Zoning R3 - Residential, Multi-Family Medium-Density

Amenities

Site Amenities

  • Pool

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 $1,750 -

Property Taxes

Property Taxes

Parcel Number
5311-003-028
Land Assessment
$816,000
Improvements Assessment
$663,000
Total Assessment
$1,479,000
  • Listing ID: 29966423

  • Date on Market: 11/4/2023

  • Last Updated:

  • Address: 194 Monterey Rd, South Pasadena, CA 91030

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