Renovated 12-Unit Apartment
For Sale
$3,975,000
90 -92 Monterey Road South, Pasadena, CA 91030
Three two-story walk-up buildings offer two-bedroom, one-bath units with central air and individually metered utilities.
Property SizeContact for details
Days on Market13
Property Features for 90 -92 Monterey Road South
General Information
Standard status
Active
Property subtype
Apartment
Amenities
Central Air
Central
Building Details
Year Built
1963
Stories
2
Listing Agency:
Keller Williams Realty/Pasadena
(626) 429-0685
Listed By:
KEVIN LUTZ
(626) 429-0685
Source:
Kw
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 31 at 1:13AM
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 Keller Williams Realty/Pasadena
Investment Insights
Based on property information with market context.
Monterey Terrace Apartments comprises three two-story walk-up buildings with 12 two-bedroom, one-bath units totaling 8,355 gross square feet. The unit mix includes approximately six units averaging 655 square feet and six averaging 670 square feet. Built in 1963, the property sits on a 14,040-square-foot lot and includes central air conditioning, individually metered utilities, and reinforced soft-story parking improvements.
A gut renovation completed in 2008 upgraded the plumbing, electrical systems, windows, flooring, kitchens, appliances, cabinets, bathrooms, fixtures, hot water heaters, and central air conditioning units. The property is located at 90 & 92 Monterey Road in South Pasadena, California, within a residential neighborhood of condominiums, apartments, and single-family homes. SPR4 zoning may allow potential future development up to 20 units, subject to buyer verification. A required SB 721 decking inspection has been completed.
A gut renovation completed in 2008 upgraded the plumbing, electrical systems, windows, flooring, kitchens, appliances, cabinets, bathrooms, fixtures, hot water heaters, and central air conditioning units. The property is located at 90 & 92 Monterey Road in South Pasadena, California, within a residential neighborhood of condominiums, apartments, and single-family homes. SPR4 zoning may allow potential future development up to 20 units, subject to buyer verification. A required SB 721 decking inspection has been completed.
Key Highlights
- 12 units, all configured as two‑bedroom/1‑bathroom apartments
- Three two‑story walk‑up buildings totaling 8,355 gross square feet
- Unit mix includes six units averaging 655 square feet and six averaging 670 square feet
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three two-story walk-up buildings offer two-bedroom, one-bath units with central air and individually metered utilities.
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 units, all configured as two‑bedroom/1‑bathroom apartments; Three two‑story walk‑up buildings totaling 8,355 gross square feet; Unit mix includes six units averaging 655 square feet and six averaging 670 square feet
