South Pasadena CA Monterey Townhomes For Sale

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Industry Observer CalBRE #01165532
https://activerain.com/droplet/4JGT

South Pasadena CA Monterey Townhomes For Sale

 

Monterey Townhomes South Pasadena TownhomesThis is a market update for the Monterey Townhomes in South Pasadena.  I will share sales information from full year 2011 through 2014 along with market activity so far in 2015.   

 

Statistical information in this report has been gathered from our local multiple listing service and may not include all transactions in the complex.  

 

South Pasadena 91030 TownhomesLocated at the southeast corner of Indiana Avenue and Monterey Road there are three addresses for the 43 unit South Pasadena townhome community:  1200 Indiana, 1202 Indiana and 1204 Indiana.  Built in 1971, these multi-story townhomes feature two or three bedrooms, two and one half baths, high ceilings and attached garages.  Patios and balconies enhance the indoor-outdoor appeal of these residences.  Monterey Townhomes feature well-manicured gardens and grounds.   This attractive complex with Spanish-inspired architecture is professionally managed and the exterior was painted within the last few years. There is an association pool and spa.

 

There is currently one Monterey Townhome available for sale.  It is a three bedroom, two-and-one-half bath unit with approximately 1694 square feet priced at $799,000.  There have been no mls-reported closed sales so far in 2015.

 

  • In 2014, there was one transaction.  It was a three bedroom which closed in November for $680,000(list price $688,000).

 

  • These multi-story townhomes feature two or three bedrooms, two and one half baths, high ceilings and attached garages. Patios and balconies enhance the indoor-outdoor appeal of these residences.

 

  • In 2012, there were two sales.  Both three bedrooms, they sold for $545,000 and $577,500.

 

  • In 2011, there were four sales in the complex according to our MLS.   The sales ranged in price from $459,000 to $540,000. The average sales price was $484,250 and the dollar per square foot was $291.54.

 

South Pasadena 91030 Real EstateDue to its convenient location, small town atmosphere, highly acclaimed schools, well- regarded parks and recreation programs and library. South Pasadena remains a very desirable destination. The Thursday Farmer’s Market held near the Gold Line station is just one of the indications of community life that is evident in the city known by locals as South Pas.    

 

South Pasadena 91030Inventory of homes, condos, townhomes and lofts that are available for sale remain low and buyer demand is high with many properties selling with multiple offers and in some cases over the list price.   i

 

Whether you are a South Pasadena homeowner who is thinking of selling  or a prospective buyer considering this small city, I welcome the opportunity to discuss how to achieve your real estate goals.  I can be reached at 818.516.4393 cell.   I look forward to hearing what is important to you.  


Published:  September 30, 2015

 

South Pasadena CA Monterey Townhomes For Sale

Posted by

Michael Jacobs

 

CalBRE # 01165532

2065 Huntington Drive

P. O. Box 587

Pasadena, CA 91102

Call/Text:  818.516.4393

mtj916@gmail.com

 

 

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Rainmaker
5,383,270
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you for your update on the Monterey Townhomes in South Pasadena.

Sep 29, 2015 09:37 PM #1
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

One of the things I find so fascinating about most Pasadena condos is the outdoor space.....Monterey Townhomes does not disappoint.

Sep 29, 2015 10:32 PM #2
Rainmaker
1,521,597
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Michael, Monterey Townhomes look beautiful and I love all the lush landscaping. It looks like there is very little turnover in the neighborhood. Now is the perfect time to list and you are the best agent to contact. 

Sep 29, 2015 11:16 PM #3
Rainmaker
1,392,567
Jeffrey DiMuria 321.223.6253 Waves Realty
Waves Realty - Melbourne, FL
Florida Space Coast Homes

Michael, I love all the trees at Monterey Townhomes. What a beautiful setting to come home to.

Sep 29, 2015 11:37 PM #4
Ambassador
1,769,790
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Michael, excellent reporting on South Pasadena CA Monterey Townhomes. It is no wonder you are so successful.

Sep 30, 2015 12:03 AM #5
Ambassador
2,778,658
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Excellent market overview for Monterey townhomes, and a clear indication of a difficult market for buyers. Your expert guidance will help them find the path to success.

Sep 30, 2015 02:32 AM #6
Rainmaker
2,549,558
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Monterey is such a wonderful place, I am sure there are many buyer's looking to live there and I know that Michael Jacobs is the right one to help them with their purchase!!!

Sep 30, 2015 02:52 AM #7
Rainmaker
3,169,847
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Michael Jacobs,  As always you know your area so good.  I hope people are calling you all the time.

Sep 30, 2015 03:06 AM #8
Rainmaker
4,447,896
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

Your discussion of South Pasadena Monterey townhomes is very informative, and I love all the pictures which personalize the area.  Happy Wednesday, A

Sep 30, 2015 04:04 AM #9
Rainmaker
1,945,792
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Thanks for the update on your corner of the blue and green marble... real estate up to the minute "snapshot" Michael Jacobs !

Sep 30, 2015 04:35 AM #10
Ambassador
2,302,221
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Sounds like a very desirable community in South Pas.  Great description including all of the important amenities.

Sep 30, 2015 07:46 AM #11
Rainmaker
1,120,544
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Michael Jacobs - Buyers have so many great townhouse and condo options in the greater Pasadena and South Pasadena areas, someone like yourself is a great resource as they sort through their options!  Great market update for the Monterey townhouse development!

Sep 30, 2015 08:12 AM #12
Ambassador
1,973,981
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Michael, once they live there, people must really love the Monterey Townhomes in Pasadena. There isn't that much turnover!

Sep 30, 2015 09:05 AM #13
Ambassador
3,872,712
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Michael- the Monterey Townhouses in Pasadena sound like an attractive place to be. And with few sales, potential buyers need to contact you!

Sep 30, 2015 09:37 AM #14
Rainmaker
1,675,376
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Michael Jacobs , I have been to the area a few times, being from Orange County, CA. Pasadena has a lot to offer its residents.  South Pasadena Monterey Townhomes sounds like a great place to call home.

Sep 30, 2015 11:55 AM #15
Rainmaker
2,019,576
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Best wishes for continued success and prosperity Michael.

Sep 30, 2015 02:57 PM #16
Rainmaker
4,082,532
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, with no much activity over the years, sure looks like when residents move in, they love in at the Monterey Townhomes.  Great presentation! 

Oct 01, 2015 11:26 PM #17
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Michael Jacobs

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