For sale

Listed by: eXp Realty of California, Inc. • Evangelyn Lin • 626-807-6581

Price cut: $150K (9/12)

$2,200,000

1429 Monterey Rd, South Pasadena, CA 91030

4beds

4baths

5,124sqft

$14,862/mo

Get pre-qualified

Quadruplex

Built in 1923

-- sqft lot

$2,093,000 Zestimate^®

$429/sqft

$-- HOA

What's special

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.

90 days
1,010
52

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Rooms

Room types: Kitchen, Laundry, Living Room

Heating

Floor Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Gas Cooktop, Gas Oven, Refrigerator
Laundry: Inside, Laundry Room

Features

Built-in Features, Balcony, Recessed Lighting, Storage
Flooring: Tile, Wood
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 5,124
Total interior livable area: 5,124 sqft

Property

Parking

Total spaces: 4
Parking features: Assigned, Storage

Accessibility

Accessibility features: Parking

Features

Levels: Two
Stories: 2
Pool features: None
Spa features: None
Fencing: Wood

Lot

Size: 7,848 Square Feet

Details

Parcel number: 5319002008
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Condition

Year built: 1923

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Street Lights, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Not Applicable

Location

Region: South Pasadena

Financial & listing details

Price per square foot: $429/sqft
Tax assessed value: $1,949,149
Date on market: 6/30/2026
Cumulative days on market: 91 days
Listing terms: Cash,Cash to New Loan,Conventional
Tenant pays: Electricity, Gas, Sewer

Estimated market value

$2,093,000

$1.99M - $2.20M

$3,908/mo

Price history

Date	Event	Price
9/24/2026	Listed for sale	$2,200,000$429/sqft
Source: CRMLS #P1-27807 Report a problem
9/19/2026	Pending sale	$2,200,000$429/sqft
Source: CRMLS #P1-27807 Report a problem
9/12/2026	Price change	$2,200,000-6.4%$429/sqft
Source: CRMLS #P1-27807 Report a problem
8/3/2026	Price change	$2,350,000-6%$459/sqft
Source: CRMLS #P1-27807 Report a problem
6/30/2026	Listed for sale	$2,500,000+57.2%$488/sqft
Source: CRMLS #P1-27807 Report a problem
1/12/2021	Listing removed	--
Source: CRMLS Report a problem
1/9/2021	Listed for rent	$2,300+4.5%
Source: CRMLS #AR21004934 Report a problem
9/11/2019	Listing removed	$2,200
Source: RE/MAX PREMIER/SANMARINO #WS19188535 Report a problem
8/8/2019	Price change	$2,200-6.4%
Source: RE/MAX PREMIER/SANMARINO #WS19188535 Report a problem
7/9/2019	Price change	$2,350-9.6%
Source: RE/MAX PREMIER/SANMARINO #WS19144850 Report a problem
6/20/2019	Listed for rent	$2,600$1/sqft
Source: RE/MAX PREMIER/SANMARINO #WS19144850 Report a problem
10/15/2014	Sold	$1,590,000$310/sqft
Source: Public Record Report a problem
9/29/2014	Pending sale	$1,590,000$310/sqft
Source: Re/Max Premier Prop Arcadia #AR14205696 Report a problem
9/25/2014	Listed for sale	$1,590,000+6%$310/sqft
Source: RE/MAX PREMIER PROPERTIES #AR14205696 Report a problem
2/10/2013	Listing removed	$1,500,000$293/sqft
Source: Lee & Associates Investment Se #AR12134022 Report a problem
12/25/2012	Pending sale	$1,500,000$293/sqft
Source: Lee & Associates Investment Se #AR12134022 Report a problem
11/1/2012	Listed for sale	$1,500,000+87.5%$293/sqft
Source: Lee & Associates Invest. Ser. #AR12134022 Report a problem
12/4/2003	Sold	$800,000+56.1%$156/sqft
Source: Public Record Report a problem
8/9/2002	Sold	$512,500$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,949,149 +2%
2025	$22,941 -2.5%	$1,910,931 +2%
2024	$23,534 +2.1%	$1,873,463 +2%
2023	$23,045 +2.3%	$1,836,729 +2%
2022	$22,518 +1.8%	$1,800,715 +2%
2021	$22,113 +1.4%	$1,765,408 +1%
2020	$21,805	$1,747,307 +2%
2019	$21,805 +4.1%	$1,713,047 +2%
2018	$20,940	$1,679,459 +2%
2017	$20,940 +1.3%	$1,646,530 +2%
2016	$20,670 +6.7%	$1,614,246 +1.5%
2015	$19,379 +14.4%	$1,590,000 +14.3%
2014	$16,941	$1,391,287 +53.6%
2012	--	$905,559 +2%
2011	--	$887,804 +0.8%
2010	--	$881,169 -0.2%
2009	--	$883,263 +2%
2008	--	$865,945 +2%
2007	--	$848,966 +2%
2006	--	$832,320
2005	--	$832,320 +4%
2004	--	$800,000 +37.9%
2003	--	$580,000
2002	--	$580,000 +28.9%
2000	--	$450,000