$15,500,000
1.10 Acre Lot

1020 El Centro Street, South Pasadena, California 91030

  • Land Property Type
Property Description

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!

Basic Details
Land
For Sale
23250919
$15,500,000
City Lights,Courtyard
1.10 Acre
Active
Features
$0
Address Map
CA
Los Angeles
South Pasadena
91030
El Centro
1020
Street
W119° 50' 39.4''
N34° 6' 53.8''
The 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.
658 - So. Pasadena
MSSP
Additional Information
$0
$0
$0
$0
$0
: Flat
2023-03-14
15000000
Broker/Agent Information
Tricity Realty Inc
Matthew Gangi
Listing Information
CLW-G132551
CLW-G7602
Active
2024-09-30T18:51:19Z
CRMLS
: Standard
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069