1429 Monterey Road South Pasadena, CA $ 2,500,000
1429 Monterey Road
$ 2,500,000
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1429 Monterey Road

South Pasadena, CA, 91030
$ 2,500,000
Baths1.0 Sq 5,124

Monthly Estimate*

$ 15,785

Listed by eXp Realty of California, Inc.
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Studio

Multi-Family Home for sale in South Pasadena, CA

for $2,500,000 with 1 full bath. This 5,124 square foot home was built in 1923 on a lot size of 0.1802.

Fantastic investment opportunity! Well maintained four-unit income property in the heart of South Pasadena. Prime location just blocks from the city's award-winning high school, middle school, and main corridor on Mission Street. Residents enjoy quick access to shops, restaurants, and grocery stores including Trader Joe's and Pavilions. Two units on the main level and two units on the upstairs level, each approximately 1300sqft. All units feature one bedroom, one bathroom, in-unit laundry, living room, dining room, and individual meters for electric and gas. Upstairs units also include a walk-in closet and a large den that can be used as a 2nd bedroom. Gated parking with one parking spot and one storage space per unit. Lush, mature landscaping on the property adds privacy and aesthetic appeal. Built-ins and abundant storage within the units add convenience and functionality. Don't miss this rare opportunity in a high-demand area.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1802

Year Built

1923

Town/City

South Pasadena

County/Region

Los Angeles

MLS | Web ID

P127807

Days on Market

12

Features
General
Sewer Public Sewer
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Possession Close Of Escrow
Appliances Gas Cooktop Gas Oven Refrigerator
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1923
Tenant Pays Electricity Gas Sewer
View None
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 129120
Community Features Curbs Street Lights Sidewalks
Accessibility Parking
County Los Angeles
Net Operating Income 129120
Operating Expense 29466.49
Insurance Expense 3350
Property Type Residential Income
Subdivision Name Not Applicable
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions On the cross section of Monterey Rd and Mound Ave off the main road of Fair Oaks Ave
City South Pasadena
Senior Community Y/N false
MLS Area 658 - So. Pasadena
Lot Size Units Square Feet
Lot Size Square Feet 7848
Listing Terms Cash Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Fuel Expense 0
Trash Expense 1614.92
Water Sewer Expense 1522.72
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Tax Lot 7
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities Built-in Features Balcony Recessed Lighting Storage
Flooring Tile Wood
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside Laundry Room
Total Baths 0
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Exterior
Fencing Wood
Parking Features Assigned Storage
Water Source Public
Total Parking 4
Lot Size Area 7848
Number of Buildings 1
Spa false
Building Area Total 5124
Lot Size Acres 0.1802
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 4
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* Excluded Features
List By
Exp Realty Of California, Inc.

Broker

eva@linrealtygroup.com

Email

Affordability Calculator

$15,785
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,785
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$2,500,000 Listed Price

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1429 Monterey Road, South Pasadena, CA, 91030 is a Multi-Family Home for sale at $2,500,000 with 5,124 sqft and a lot size of 0.1802. 1429 Monterey Road is a studio with 1.0 baths and was built in 1923. The property's zip code is 91030 which is in South Pasadena, CA