1020 El Centro Street, South Pasadena, CA

$15,500,000

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1.10

Acres

About 1020 El Centro Street

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!

Features of 1020 El Centro Street

MLS® # 23250919
Price $15,500,000
Bathrooms 0.00
Acres 1.10
Type Land
Status Active

Community Information

Address 1020 El Centro Street
Area 658 - So. Pasadena
City South Pasadena
County Los Angeles
State CA
Zip Code 91030

Listing Map

Amenities

View City Lights, Courtyard
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Flat

Additional Information

Date Listed March 14th, 2023
Days on Market 417
Zoning MSSP
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentMatthew Gangi
OfficeTricity Realty Inc

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