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!
Property Details
Price:
$15,500,000
MLS #:
23250919
Status:
Active
Baths:
0
Address:
1020 El Centro Street UNAVAILABLE
Type:
Land
Neighborhood:
658sopasadena
City:
South Pasadena
Listed Date:
Mar 14, 2023
State:
CA
ZIP:
91030
Lot Size:
47,916 sqft / 1.10 acres (approx)
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- Address1020 El Centro Street UNAVAILABLE South Pasadena CA
- Area658 – So. Pasadena
- CitySouth Pasadena
- CountyLos Angeles
- Zip Code91030
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Courtesy of Tricity Realty Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
1020 El Centro Street UNAVAILABLE
South Pasadena, CA
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