185 Monterey Road

185 Monterey Road presents a fully entitled 53-unit condominium development opportunity located in South Pasadena, California. The offering consists of a 1.26-acre (54,794 SF) single parcel with an approved tract map for a 7-story residential development. The approved project includes 46 market-rate units and 7 moderate-income units, totaling 88,111 square feet of building area with 70,351 square feet of saleable residential space. The development also includes 109 on-grade concrete podium parking spaces and an amenity package featuring a 4,878 SF central courtyard, clubhouse, private theater, fitness center, rooftop deck, private balconies, and landscaped open space.

The property is being delivered without building permits, allowing the purchaser flexibility to finalize construction plans, value engineer the project, and select the general contractor. Located along Monterey Road in South Pasadena, the site offers convenient access to Pasadena and Downtown Los Angeles.