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194 Monterey Rd #A, South Pasadena, CA 91030
$1,450,000
194 Monterey Rd #A, South Pasadena, CA 91030View this property at 194 Monterey Rd #A, South Pasadena, CA 91030
194 Monterey Rd #ASouth PasadenaCA91030
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Property Description
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.
Full Property Details
Full Property Details for 194 Monterey Rd #A
General
- Sold For: $1,450,000
- HOA FEE: $4,500
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-328477
- Added to Site: 180 day(s) ago
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Additional Information
- Pool: Yes
- Pool Description: In-Ground
- Other Features: Other
Parking
- Garage: Yes
- Garage Spaces: 4
- Garage Description: Detached
Location
- Area: South Pasadena
- County: Los Angeles
- Driving Directions: See Google Maps
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Trash: 1143
Structural Information
- # Buildings: 2
- Common Walls: Attached
- Stories/Levels: 2
- Square Feet: 3,130
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1953
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.2866
- Lot Size: 12485
- Lot Size Source: Vendor Enhanced
- Zoning: SPR310000*
Financial Considerations
- Price Per Sq. Ft.: $399.36
- Maint. Fee: $4,500
- Insurance Fee: $2,318
- Assessment Year: 1953
- Pays Trash: 1143
Disclosures and Reports
- Disclosures/Reports: Trust/Conservatorship
- APN: 5311-003-028
Listed by The CREM Group, Mark Cianciulli
Sold by House Network, Cary Matthew Goldstone
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Schools
Schools serving 194 Monterey Rd #A
School District:South Pasadena Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
335 El Centro St, S Pasadena, CA 91030 | K-5 | 0.4 mi | |
1500 Fair Oaks Ave, S Pasadena, CA 91030 | 6-8 | 1.4 mi | |
1401 Fremont Ave, S Pasadena, CA 91030 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 194 Monterey Rd #A
Date
Details
Price
Change
Source
1/23/2024
Sold
$1,450,000
16%
MLS
11/03/2023
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
194 Monterey Rd #A, South Pasadena, CA 91030 (MLS# 23-328477) is a Multi-Family property that was sold at $1,450,000 on January 23, 2024. Want to learn more about 194 Monterey Rd #A? Do you have questions about finding other Multi-Family real estate for sale in South Pasadena? You can browse all South Pasadena real estate or contact a Coldwell Banker agent to request more information.