New

$1,150,000

Other

2 days ago

80 Monterey Rd, South Pasadena, CA

Name: 80 Monterey Rd, Other in South Pasadena - eXp Realty
Brand: Huntington Group
SKU: GD26124651
Price: 1150000 USD

House

MLS® GD26124651

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Land

Size -

Garage

Taxes

Days Active 2

Lot Size 0.4248 Acres

Approx. Age

MLS® Number GD26124651

Property Address: 80 Monterey Rd, South Pasadena, CA, 91030

Average square foot calculated using Size range provided by listing agent.

Description

LENDER-OWNED DEVELOPMENT OPPORTUNITY – SELLER FINANCING AVAILABLE. Rare opportunity to acquire two contiguous parcels in South Pasadena totaling approximately 18, 576 square feet. This lender-owned property is being offered below appraised value for a quick sale and presents a unique opportunity for developers, builders, and investors seeking a residential development site in a highly desirable market. The property features substantial street frontage, elevated topography, and panoramic views of the San Gabriel Mountains. Zoned High Density Residential, the site offers significant development potential subject to buyer investigation and governmental approvals. Seller financing is available on favorable terms, creating flexibility for buyers pursuing entitlement, planning, design, and development objectives. Owner carry-back financing may provide a valuable alternative to conventional acquisition financing and reduce upfront capital requirements. The sale includes APN 5312-002-031 and APN 5312-002-032. APN 032 is the primary development parcel. APN 031 is not considered a standalone buildable lot but may provide value as an accessory parcel for parking, access, open space, circulation, or other supporting uses, subject to buyer verification and city requirements. The property benefits from its proximity to the Metro A Line and regional transportation corridors, providing convenient access throughout the Los Angeles metropolitan area. Conceptual development studies have been prepared for illustrative purposes only and are available on the supplement page. Buyers are encouraged to conduct their own due diligence regarding zoning, density, utility availability, lot configuration, environmental conditions, entitlement requirements, and all governmental approvals. Development opportunities of this size and location, combined with seller financing and mountain views, are increasingly difficult to find. This offering provides the opportunity to acquire a well-located asset with long-term upside potential in one of the region's most desirable residential markets. Bring ALL offers.

MLS® NumberGD26124651

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

Other

Jun 9, 2026List Date

$1,150,000List Price

Commute

Commute

Starting Address

Destination Address

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