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Renovated 12-Unit Apartment Buildings
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90--92 Monterey Road, South Pasadena, CA 91030

Three walk-up structures contain renovated two-bedroom, one-bath residences with upgraded building systems.

Property SizeContact for details
Days on Market13

Property Features for 90--92 Monterey Road

General Information

Standard status Active
Property subtype Multifamily
Zoning Public Rec

Building Details

Buildings 3
Units 12
Listing Agency: KW Commercial Pasadena
Listed By: Kevin Hurley · License #01237798
Source: Crexi
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 31 at 3:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Pasadena

Investment Insights

Based on property information with market context.

The property comprises three two-story walk-up buildings with 12 total residences and 8,355 gross square feet. All units are configured as two-bedroom, one-bath apartments, with six averaging 655 square feet and six averaging 670 square feet. The buildings were constructed in 1963 and received extensive renovations in 2008, including plumbing, electrical, windows, flooring, kitchens, appliances, cabinetry, bathrooms, fixtures, hot water heaters, and central air-conditioning equipment.

The improvements also include soft-story parking reinforcement completed in 2008 and a completed SB 721 decking inspection. Individually metered utilities serve the apartments. The buildings occupy a 14,040-square-foot lot at 90–92 Monterey Road in South Pasadena, within a residential setting that includes condominiums, apartments, and single-family homes.

Key Highlights

  • 12‑unit multifamily property with 8,355 gross square feet
  • Three two‑story walk‑up buildings on a 14,040‑square‑foot lot
  • Unit mix includes twelve 2‑bedroom/1‑bathroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Dental Office Grocery & Convenience Store 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.

Location Intelligence

Trade Area within ½ mile

701
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Three walk-up structures contain renovated two-bedroom, one-bath residences with upgraded building systems.
Where is this apartment building located?
The property is located at 90--92 Monterey Road South Pasadena, CA.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: 12‑unit multifamily property with 8,355 gross square feet; Three two‑story walk‑up buildings on a 14,040‑square‑foot lot; Unit mix includes twelve 2‑bedroom/1‑bathroom apartments
More about this property
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