Listed by Evangelyn Lin •DRE #01817694 • eXp Realty of California, Inc.

For sale

$2,200,000

Est. $14,571/mo —

•

4 ba

•

5,124

sq ft

1429 Monterey Rd, South Pasadena, CA 91030

About this home

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

$429Price/Sq.Ft.

4 spacesParking

Listing updated: Sep 11, 2026 at 05:19pm

Redfin checked: 2 minutes ago

•Source:CRMLS #P1-27807

Payment calculator

$14,571 per month

Principal and interest$11,857

Property taxes

$2,292

HOA dues

Home insurance

$422

Utilities

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Around this home

Schools

K - 12
Preschool & daycare

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

About Fair Oaks

Corridor

Fair Oaks Corridor, located between Mission Street and Huntington Drive, is a residential and commercial South Pasadena neighborhood with a walkable main drag and a leafy, small-town streetscape. The neighborhood’s character concentrates around Fair Oaks Avenue at Mission Street, where sidewalk patios, indie boutiques, and coffee counters set a steady daytime rhythm. Architectural cues lean Craftsman bungalows and Spanish Revival details, with apartment courts tucked behind mature street trees. The Rialto Theatre marquee and the South Pasadena Farmers’ Market act as cultural touchstones. Jones Coffee Roasters and the Fair Oaks Pharmacy & Soda Fountain add a classic, local cadence. Pocket parks and the nearby Metro A Line station keep daily routines grounded and connected.

Provided by Walk Score and Local Logic

Market insights

1429 Monterey Rd · $2,200,000

DAYS ON MARKET

The average home goes pending in 72 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $1,060,488. (55% lower than this home)

PRICE DROP

14% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Balcony
Built-ins
Recessed lighting
Storage space
Carbon monoxide detector(s)
Smoke detector

Bedrooms
Multiple one-bedroom units (see unit breakdown)

Bathrooms
One bathroom in each unit

Kitchen
Gas cooktop
Gas oven
Refrigerator

Laundry & utility
Laundry inside in an individual room

Flooring
Tile
Wood

Heating & cooling
Floor furnace heating
Wall/window cooling

Sale and tax history for 1429 Monterey Rd

Sale History
Tax History

Date

Event

Price

CRMLS #P1-27807

Sep 11, 2026

Price Changed

$2,200,000

$429/sq ft

Aug 3, 2026

Price Changed

$2,350,000

$459/sq ft

Jun 30, 2026

Listed

$2,500,000

$488/sq ft

CRMLS #AR14205696

Oct 15, 2014

Sold

$1,590,000

$310/sq ft

Oct 8, 2014

Pending

—

Sep 27, 2014

Contingent

—

Sep 24, 2014

Listed

$1,590,000

$310/sq ft

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%)

$1,243,909 + $667,022

$1,910,931

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

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,848 Sq. Ft.

Year renovated

1923

Finished Sq. Ft.

5,124

Unfinished Sq. Ft.

—

Total 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 Aug 30, 2026.

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

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 97° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

11 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

South Pasadena, CA • 91030

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

73/ 100

Good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.6 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1429 Monterey Rd

$2,278,494

$78K over list price of $2.20M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $2.0M to $3.2M.

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4 beds4.5 baths4,514 sq ft
838 Braewood Ct, South Pasadena, CA 91030
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larger lot
85 years newer
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7 beds5 baths3,610 sq ft
1301 Spruce, South Pasadena, CA 91030
$457/sq ft
larger lot
14 years older
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11 beds10 baths3,428 sq ft
1600 Fair Oaks, South Pasadena, CA 91030
$154/sq ft
larger lot
1 year newer
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5 beds3.5 baths3,069 sq ft
1919 Marengo Ave, South Pasadena, CA 91030
$457/sq ft
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basement
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$2,679,500 Last sold price
4 beds3 baths2,748 sq ft
1130 Windsor Pl, South Pasadena, CA 91030
$546/sq ft
smaller lot
15 years older
SOLD NOV 19, 2025
$2,142,000 Last sold price
4 beds2 baths2,658 sq ft
1712 Lyndon St, South Pasadena, CA 91030
$377/sq ft
smaller lot
9 years older

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The Agency

Details provided by CRMLS and may not match the public record. Learn more.

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