Rare opportunity - First time on the market since it was built! Hard to find 16-unit property in easily-rentable location, convenient to downtown LA, Pasadena, top public schools, shopping & dining. Two buildings with 8 units each, on two separate parcels. (Please see MLS #22179210 for 154 Monterey's individual apt. rents). Apartment mix is: BUILDING #150 has five 2BR/1BA units, two 1BR/1BA units & one 3BR/1.5BA unit. Upstairs apts are charming with vaulted wood-beamed ceilings. A 10-car carport w/ storage cabinets above, plus one open space, laundry room & storage room complete Building #150. BUILDING #154 has four 2BR/1BA units at the ends & four 1BR/1BA units in the middle. Ceilings are exposed wood beamed. Bldg #154 also has a private coin-operated laundry room & an 8-car carport w/ storage cabinets above. Separate driveways for each building, common courtyard in the middle with mature trees. Some units have newer carpet & counter tops. Rents are low. Great investment potential.
Multi-familyProperty Type
1956Year Built
0.59 acresLot Size
19 spacesParking
Listed by Carol Chua•DRE #00908699• Coldwell Banker Realty
Bought with Pat Lile•DRE #00825572• Coldwell Banker Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
12
Baths
8
Stories
—
Lot width
—
Lot depth
—
Lot size
0.32 Acres
Year renovated
1953
Sq. Ft.
5,244
Year built
1953
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5311003038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 2026.
RH
Residential High Density District
The RH zoning district is intended for areas appropriate for high density attached dwelling units, including courtyard housing, townhouses, condominiums, and apartments. The allowable residential density ranges from 30.1 to 45 dwelling units per acre. Up to 70 dwelling units per acre are allowed for properties located within the Housing Opportunity (HO) Overlay District. The RH zoning district is consistent with the High 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
# of Carport Spaces: 18
Assigned, Built-In Storage, Covered Parking, Carport Detached, Side by Side
Has Parking
# of Parking Spaces: 19
Interior
Laundry Information
Has Laundry
Community, Gas Dryer Hookup, Individual Room, Washer Included
Kitchen Information
Appliances: Garbage Disposal, Gas Range, Water Heater Unit
Directions: Cross Street: Between Pasadena Avenue and Arroyo Verde/Kolle; From 110 freeway N, exit Avenue 64. Veer right and right on Arroyo Verde. Left onto Monterey Road and buildings are on the left side. From Fair Oaks or Fremont, go W on Monterey Road. Look for 150-154.
Subdivision Name: Not Applicable
Zoning: R3
Public facts
Beds: 12
Baths: 8.0
Sq. Ft.: 5,244
Stories: —
Lot Size: 0.32 acres
Style: Multi-Family (5+ Unit)
Year Built: 1953
Year Renovated: 1953
County: Los Angeles County
APN: 5311003038
Home facts updated by county records on Aug 30, 2026
Other
Miscellaneous Information
Exclusions: Tenant's personal property.
Listing Information
Days Active in MLS: 91
Continuous Days Active in MLS: 91
Listing Agent Information
List Agent First Name: Carol
List Agent Last Name: Chua
Listing Office Information
List Office Name: Coldwell Banker Realty
Selling Agent Information
Buyer Agent First Name: Pat
Buyer Agent Last Name: Lile
Selling Office Information
Buyer Office Name: Coldwell Banker Realty
Around this home
Schools
Arroyo Vista Elementary School
Public K-5 • Assigned • 0.5mi
9/10
South Pasadena Middle School
Public 6-8 • Assigned • 1.4mi
10/10
South Pasadena Senior High School
Public 9-12 • Assigned • 1.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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