1429 Monterey Road

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Address: 1429 Monterey Rd, South Pasadena, CA 91030, USA
California & West + Apartment Buildings
Created date: July 1, 2026
Date last updated: September 15, 2026
Price: $2,200,000Investment Analyzer NEW!

Property Description

Fantastic investment opportunity! Well maintained four-unit income property in the heart of South Pasadena. Prime location just blocks from the city's award-winning high school, middle school, and main corridor on Mission Street. Residents enjoy quick access to shops, restaurants, and grocery stores including Trader Joe's and Pavilions. Two units on the main level and two units on the upstairs level, each approximately 1300sqft. All units feature one bedroom, one bathroom, in-unit laundry, living room, dining room, and individual meters for electric and gas. Upstairs units also include a walk-in closet and a large den that can be used as a 2nd bedroom. Gated parking with one parking spot and one storage space per unit. Lush, mature landscaping on the property adds privacy and aesthetic appeal. Built-ins and abundant storage within the units add convenience and functionality. Don't miss this rare opportunity in a high-demand area.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,200,000
Year Built: 1923
Opportunity Zone: No
Number of Bedrooms: 4
Number of Bathrooms: 4
Address: 1429 Monterey Rd, South Pasadena, CA 91030, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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