90 -92 Monterey Road
South Pasadena, CA 91030
Listing broker / agent: Keller Williams Realty/Pasadena · KEVIN LUTZ · 626-429-0685 · CRMLS
MLS # WS26180702 · Last checked Nov 15, 2026 01:14 UTC
About this property
Monterey Terrace Apartments is a 12-unit multifamily property located at 90 & 92 Monterey Road in South Pasadena, California. The property consists of three two-story walk-up buildings totaling 8,355 gross square feet. Built in 1963, the asset features a unit mix of twelve 2-bedroom/1-bathroom units, with approximately six units averaging 655 square feet and six units averaging 670 square feet. The property has undergone significant capital improvements, including a gut renovation in 2008 with upgraded plumbing, electrical systems, windows, flooring, kitchens, appliances, cabinets, bathrooms, fixtures, hot water heaters, and central air conditioning units. Additional improvements include soft-story parking reinforcement completed in 2008, and a completed SB 721 decking inspection. Monterey Terrace Apartments presents an opportunity to acquire a renovated multifamily asset in South Pasadena with potential long-term upside through its high-density SPR4 zoning designation. Situated on a 14,040 square foot lot, the property benefits from zoning that allows for potential future development up to 20 units, subject to buyer verification. The asset is located within a residential neighborhood featuring a mix of condominiums, apartments, and single-family homes. With upgraded building systems, individually metered utilities, renovated interiors, and completed capital improvements, Monterey Terrace Apartments offers investors a stabilized multifamily opportunity with additional value potential.
Property details
- MLS number
- WS26180702
- Status
- Active
- Type
- Residential Income
- Subtype
- Apartment
- Lot size
- 0.3223 acres
- Reported private pool
- No
- Year built
- 1963
- Stories
- 2
More property detailsCollapse
Listing
- Days on market
- 27
Building
- Year built
- 1963
- Year built source
- Public Records
- Stories
- 2
- Building stories
- 2
- Levels
- Two
- Entry level
- 1
Rooms & interior
- Heating
- Central
- Cooling
- Central Air
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 14
- Garage spaces
- 0
- Carport spaces
- 10
- Pool
- None
- Spa
- None
- Lot features
- Street Level
- Lot size source
- Public Records
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Gutters
Fees & lease terms
- Association
- No
- Association fee
- $0.00
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Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $3,975,000
- MLS-reported original asking price
- $3,975,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:45 | $3,975,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in South Pasadena
Active residential homes for sale in South Pasadena, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
4 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-11-15 02:02 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
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