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Home AEC Fully Entitled 53-Unit Condominium Site at 185 Monterey Rd Hits South Pasadena Market at $8MM
AECCommercialFinanceIndustry NewsLos AngelesResidential

Fully Entitled 53-Unit Condominium Site at 185 Monterey Rd Hits South Pasadena Market at $8MM

July 17, 20263 Mins read656
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A 1.26-acre parcel on Monterey Road carrying a June 2026 tract map approval for 53 condominiums has been offered at $8 million, pricing the scarcest commodity in the San Gabriel Valley — entitled for-sale housing in a city that almost never approves it — at $150,943 per buildable unit. The entitlement package at 185 Monterey […]

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