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Four-Unit Quadplex with Gated Parking
For Sale
$2,350,000

1429 Monterey Road, South Pasadena, CA 91030

South Pasadena, CA

Property SizeContact for details
Lot Size0.18 Acres
Days on Market62

Property Features for 1429 Monterey Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Laundry Room, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Kitchen
Parking 4
Parking features Assigned
Interior features Balcony, Built-in Features, Recessed Lighting, Storage
Appliances Gas Cooktop, Refrigerator, Gas Oven
Directions On the cross section of Monterey Rd and Mound Ave, off the main road of Fair Oaks Ave
Subdivision 658 - So. Pasadena
Standard status Active
APN 5319002008
Lot size 0.18 Acres

Utilities

Sewer type Public Sewer
Heating system Floor Furnace
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

in-unit laundry
gated parking
storage space per unit
individual meters for electric and gas
lush mature landscaping
built-ins and abundant storage

Building Details

Year built 1923
Floors in Building 2
Flooring type Wood, Tile
Additional Structures Storage
Listing Agency: eXp Realty of California, Inc.
Listed By: Evangelyn Lin · License #01817694
Added: Jun 29 Changed: Aug 25 Last Checked: Aug 29 at 8:06PM
MLS# P1-27807

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential income property at 1429 Monterey Road includes two apartments on the ground level and two above. Each unit is approximately 1300sqft with one bedroom, one bathroom, a living room, dining room, kitchen, and in-unit laundry. Upper-level apartments add a walk-in closet and den that can function as a second bedroom. Built-in features, storage, wood and tile flooring, and individual electric and gas meters are provided throughout the units.

The 0.1802-acre property includes gated assigned parking with one space and one storage area per unit. Mature landscaping provides separation around the residences. Public water and sewer serve the property, which was built in 1923.

The address is near South Pasadena's high school, middle school, Mission Street, Trader Joe's, Pavilions, shops, restaurants, and grocery services. Interior features include balconies and recessed lighting, while appliances include gas cooktops, refrigerators, and gas ovens.

Key Highlights

  • Four‑unit property with two lower‑level and two upper‑level residences
  • Each unit is approximately 1300sqft with one bedroom and one bathroom
  • Upper units include a walk‑in closet and den usable as a 2nd bedroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Furniture & Home Goods Storage Facility Parking Lot & Garage Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,103
Businesses Nearby

Demographics for 91030, CA

26,927
Population
11,040
Households
2.4
Avg Household Size
41
Median Age
73%
College-Educated
97%
High-School Grad
3.4 sq mi
ZIP Area
7,920
Density / Sq Mi
$128,105
Median Household Income
$79,571
Median Earnings
$2,218
Median Rent
$1,545,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Income property with in-unit laundry, assigned gated parking, and separate electric and gas meters.
Where is this quadplex located?
The property is located at 1429 Monterey Road South Pasadena, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Four‑unit property with two lower‑level and two upper‑level residences; Each unit is approximately 1300sqft with one bedroom and one bathroom; Upper units include a walk‑in closet and den usable as a 2nd bedroom
More about this property
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