Active

1020 El Centro Street

South Pasadena CA, 91030

$15,500,000


$323.48 per sqft

Active

1.1 Acres

Land

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

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!

23250919

MLS ID

March 14, 2023

Listed

February 16, 2024

Updated

Map

1020 El Centro Street
South Pasadena CA, 91030

Exterior/Building Features

Lot Size

1.1 Acres


Lot Features

Flat

Other Property Details

Area Name

658 - So. Pasadena


Days on Market

260


Garage

No


Parking Total

0


View

Yes


View Description

City Lights, Courtyard


County

Los Angeles


Pool

No


Zoning

MSSP


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

10/7/2023

Price Change

$15,500,000

3%

Listing Contact: 818-298-4281 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:19 AM UTC

 

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