194 Monterey Road
South Pasadena, CA 91030
- 7 beds
- – baths
- 3,130 sqft
- 12,485 sqft lot
- $463 per sqft
- 1953 build
- – on site
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Nestled in the heart of South Pasadena, 194 Monterey Rd presents a remarkable investment opportunity. The property consists of four apartment units, organized into two duplex structures. Of these units, three are spacious 2-bedroom, 1-bath apartments, and one is a comfortable 1-bedroom, 1-bath unit. Notably, two of the four units currently sit vacant, offering immediate renovation potential for investors or owner-users seeking market-rate stabilization. The property stands on an expansive 12,482 square foot lot and features alengthy driveway, a shared courtyard area, and a rear yard with a communal pool. There's also a convenient carport that can accommodate up to 4 vehicles, ensuring hassle-free tenant parking. Located in a highly desirable submarket, this property offers not only value but also easy access to main streets and freeways, connecting you to Downtown Los Angeles and beyond. The proximity to excellent educational institutions, along with the district's stellar reputation, adds substantial value to the investment proposition.
Last checked:
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Last updated Jan 27, 2025
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MLS# CL23328477 —
The Building
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Year Built:1953
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Building Area Units:Square Feet
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Building Area Total:3130
Interior
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Flooring:Wood
Room Dimensions
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Living Area:3130
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Living Area Units:Square Feet
Location
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Directions:See Google Maps
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Parcel Number:5311003028
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Zoning:SPR3
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Lot Size Area:0.29
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Lot Size Acres:0.29
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Lot Size SqFt:12485
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (323) 208-9512
Beds
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Bedrooms Total:7
The Community
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Association:false
Parking
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Parking Total:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/23/24
Jan 23, 2024
|
Sold | BRIDGE | $1,450,000 | 16.0% |
|
12/5/23
Dec 5, 2023
|
Pending | BRIDGE | $1,250,000 | |
|
11/28/23
Nov 28, 2023
|
Relisted | BRIDGE | $1,250,000 |
