Active

1020 El Centro St

South Pasadena CA, 91030

$15,500,000


$323.48 per sqft

Active

1.1 Acres

Land

Exceptional investment opportunity set in the heart of downtown South Pasadena, California! Discover a rare gem a 1.1-acre development site within a vibrant 1.9-acre block. Prime location with an exceptionally high walk score (94/100) and coveted entitlements for 108 residential units with desirable condo rights and 10,597 sq. ft. of premier retail space along bustling Mission St. Located in the very center of South Pasadena's charming shopping district, adjacent to the Library, and a mere block away from the Metro Goldline Station. The historic buildings have plans to become a vibrant food hall + songwriter music venue, further enhancing the appeal of the property. Secure the 1.1-acre development portion at 15M (closing upon APN map finalization). Alternately, acquire the entire 1.9-acre block, including the historic buildings, for 23M. Don't miss this exclusive chance to invest in South Pasadena's thriving community. Contact us now to explore the immense potential of this investment opportunity!

23-250919

MLS ID

March 14, 2023

Listed

March 18, 2024

Updated

Map

1020 El Centro St
South Pasadena CA, 91030

Exterior/Building Features

Lot Size

1.1 Acres

Other Property Details

Area Name

South Pasadena


Days on Market

260


Garage

No


View

Yes


View Description

City, Walk Street, Other, Courtyard, City Lights


County

Los Angeles


Pool

No


Zoning

MSSP

Listing History

Date

Event

Price

10/7/2023

Price Change

$15,500,000

3%

Listed by Matthew Gangi with Tricity Realty Inc
Listing Contact: 818-298-4281 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Rana Madain shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/18/2024

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