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.
Multi-familyProperty Type
1923Year Built
7,848 sq ftLot Size
$396Price/Sq.Ft.
4 spacesParking
Listed by Evangelyn Lin•DRE #01817694• eXp Realty of California, Inc.
Bought with Victoria Beliso•DRE #01846924• The Collective Realty
DRIVE BY ONLY!! PLEASE DO NOT DISTURB TENANTS, TENANTS DO NOT KNOW THE PROPERTY IS ON THE MARKET! The property is a very very beautiful four plex located in an excellent location in the highly desirable City of South Pasadena. It is a non rent controlled property within award winning South Pasadena school district. The property is a two stories building . It has gated parking and park like well maintained landscaping. It has 2 ground floor units and 2 upper floor units. Each unit has separate meters for electricity and gas. All units are very spacious, approximate 1,280 sq. ft. . 2nd floor units have a large den that are being used as 2nd bedroom, hardwood floors, washer and dryer hookups, walk-in closet, built-in kitchen cabinets, plenty storage, and ceiling fans. The property also has detached garages at the back. Each unit has 1 assigned parking space and 1 assigned private storage space. It has a barbecue area complete with built-in park table and benches surrounded with bamboo tree fences.
CRMLS #AR12134022
Feb 8, 2013
Sold
$1,385,000
$270/sq ft
Dec 23, 2012
Pending
—
Oct 29, 2012
Listed
$1,500,000
$293/sq ft
PLEASE DO NOT DISTURB TENANTS! INSPECTION ONLY WITH AN ACCEPTED OFFER. 1429 Monterey Rd is a fourplex located in an unparalleled location in the highly desirable City of South Pasadena. The property is a non rent controlled property within award winning South Pasadena school district system. The property is a two stories building that was built in 1923. It has secured parking and well manicured landscaping. It has 2 ground floor units and 2 upper floor units. Each unit is separately metered for electricity and gas. Each unit is a large 1 bedroom and 1 bathroom unit. 2nd floor units have a large den that are being used as 2nd bedroom, hardwood floors, individual washer and dryer hookups, walk-in closet, built-in display cabinets, abundant storage, multiple windows a/c, wall heater, and ceiling fans. The property has two detached garages at the back. Each unit has 1 assigned parking space and 1 assigned private storage space. It has a barbecue area with park-like setting complete with built-in park table and benches surrounded with bamboo tree fences. The property is located at the heart of South Pasadena on Monterey Rd between Fair Oaks Avenue and Fremont Avenue. It is adjacent to Pavilions shopping center.
CRMLS #12026743
Dec 4, 2003
Sold
$800,000
$156/sq ft
CRMLS #G215172
Apr 7, 2002
Listing Removed
—
Dec 7, 2001
Listed
$565,000
$110/sq ft
Public Records
May 31, 1989
Sold
$505,000
$99/sq ft
Public Records
Jul 10, 1986
Sold
$295,000
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$22,941 (−2.5%)
$1,268,787 + $680,362
$1,949,149
2024
$23,534 (+2.1%)
$1,243,909 + $667,022
$1,910,931
2023
$23,045 (+2.3%)
$1,219,519 + $653,944
$1,873,463
2022
$22,518 (+1.8%)
$1,195,607 + $641,122
$1,836,729
2021
$22,113 (+1.4%)
$1,172,164 + $628,551
$1,800,715
2020
$21,805 (+1.5%)
$1,149,181 + $616,227
$1,765,408
2019
$21,479 (+2.6%)
$1,137,398 + $609,909
$1,747,307
2018
$20,940 (+1.3%)
$1,115,097 + $597,950
$1,713,047
2017
$20,670 (+6.7%)
$1,071,798 + $574,732
$1,646,530
2016
$19,379 (+1.6%)
$1,071,798 + $574,732
$1,646,530
2015
$19,065 (+12.5%)
$1,050,783 + $563,463
$1,614,246
2014
$16,940 (+45.9%)
$974,403 + $416,884
$1,391,287
2012
$11,608 (+1.6%)
$577,294 + $346,375
$923,669
2011
$11,424 (+0.3%)
$565,975 + $339,584
$905,559
2010
$11,389 (+5.2%)
$554,878 + $332,926
$887,804
2009
$10,831 (+2.7%)
$550,731 + $330,438
$881,169
2008
$10,547
$552,040 + $331,223
$883,263
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
7,848 Sq. Ft.
Year renovated
1923
Sq. Ft.
5,124
Year built
1923
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5319002008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
RM
Residential Medium Density District
The RM zoning district applies to areas appropriate for a variety of housing types. Typical residential land uses include single-family bungalow courts, courtyard housing, townhomes, duplexes, triplexes, multiplexes, and other attached dwellings on smaller lots. The allowable residential density ranges from 5.1 to 30 dwelling units per acre, except that any property in the RM district that is also included on the Housing Element Table VI-50 or VI-51 shall require a minimum density of 20 dwelling units per acre. The RM zoning district is consistent with the Medium Density Neighborhood land use designation of the General Plan.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Property details
Parking
Parking / Garage Information
Assigned, Built-In Storage
Has Parking
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Inside, Individual Room
Kitchen Information
Appliances: Gas Cooktop, Refrigerator, Gas Oven
Has Appliances
Cooling Information
Wall Window
Has Cooling
Room Information
Laundry, Kitchen, Living Room
Flooring Information
Tile, Wood
Heating Information
Floor Furnace
Has Heating
Interior Features
Balcony, Built-Ins, Recessed Lighting, Storage Space
Community Features: Curbs, Street Lighting, Sidewalks
Location Information
Latitude: 34.11176200
Longitude: -118.15181300
Other Subdivision Name: Not Applicable
Directions: On the cross section of Monterey Rd and Mound Ave, off the main road of Fair Oaks Ave
Subdivision Name: Not Applicable
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 5,124
Stories: —
Lot Size: 7,848 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1923
Year Renovated: 1923
County: Los Angeles County
APN: 5319002008
Home facts updated by county records on Oct 7, 2026
Other
Listing Information
Days Active in MLS: 98
Continuous Days Active in MLS: 98
Listing Agent Information
List Agent First Name: Evangelyn
List Agent Last Name: Lin
Listing Office Information
List Office Name: eXp Realty of California, Inc.
Selling Agent Information
Buyer Agent First Name: Victoria
Buyer Agent Last Name: Beliso
Selling Office Information
Buyer Office Name: The Collective Realty
Around this home
Schools
Arroyo Vista Elementary School
Public K-5 • Assigned • 0.9mi
9/10
South Pasadena Middle School
Public 6-8 • Assigned • 0.3mi
10/10
South Pasadena Senior High School
Public 9-12 • Assigned • 0.2mi
10/10
Provided by GreatSchools
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