South Pasadena, CA 91030 1020 El Centro Street

1020 El Centro Street South Pasadena, CA - Image 11020 El Centro Street South Pasadena, CA - Image 21020 El Centro Street South Pasadena, CA - Image 3
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1020 El Centro Street South Pasadena, CA - Image 41020 El Centro Street South Pasadena, CA - Image 51020 El Centro Street South Pasadena, CA - Image 61020 El Centro Street South Pasadena, CA - Image 71020 El Centro Street South Pasadena, CA - Image 8
Presented By: Matthew Gangi with Tricity Realty Inc;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 23250919
  • 03/14/2023
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.

Home Details

Exceptional investment opportunity in the heart of the City of South Pasadena, CA. Discover a rare gem -- a 1.300-acre development site within a vibrant 1.945-acre city block. Prime location with a 94/100 walk score, 108-unit entitlement, condo rights, and 10,597 SF of new retail fronting bustling Mission Street. Just a block from the Metro Gold Line, the site sits in the heart of South Pasadena's historic shopping district full of charm, walkability, and community vitality. Historic El Centro buildings are fully leased with plans underway for a food hall + songwriter venue. Acquire the 1.3-acre development site for $15.5M (closing upon APN recordation) or purchase the entire 1.945-acre city block, including leased historic buildings, for $24M. Don't miss this rare opportunity to invest in South Pasadena's walkable, culturally vibrant downtown. Contact us now -- two APNs, full entitlements, and the most sought-after location in the City of South Pas!
Presented By: Matthew Gangi with Tricity Realty Inc;

Interior Features for 1020 El Centro Street

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 1020 El Centro Street

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CitySouth Pasadena
CountyLos Angeles
DirectionsThe site is in the heart of the South Pasadena downtown -- It is bounded by Mission Street to the North, Fairview Avenue to the East, El Centro St. to the South, and Diamond Avenue to the West.
Full Baths
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet84746.0
Lot Size UnitsSquareFeet
MLS Area658 - So. Pasadena
MobileHomeRemainsYNNo
New ConstructionNo
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
TopographyLevel
ViewCityLights, Courtyard
ZoningMSSP

Exterior for 1020 El Centro Street

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFlat
Lot Size Acres1.9455
Lot Size Area84746.0
Lot Size SourceEstimated
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $15,500,000
MLS#23250919
List Date 03/14/2023
Property Type Land
Phone 714.742.6515
Request Tour
Request Info
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