Listing by: Matthew Gangi, Tricity Realty Inc
0 Beds
n/a Full bath
n/a SqFt
Active
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 | |
Lot Size Area | 47916 | |
Lot Size Area Units | Square Feet | |
Acres | 1.1 | |
Property Type | Land | |
View | City Lights,Courtyard | |
Geographic Data | ||
Directions | 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. | |
County | Los Angeles | |
Latitude | 34.114948 | |
Longitude | -118.155716 | |
Market Area | 658 - So. Pasadena | |
Address Information | ||
Address | 1020 El Centro Street, South Pasadena, CA 91030 | |
Postal Code | 91030 | |
City | South Pasadena | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Tricity Realty Inc | |
Listing Agent | Matthew Gangi | |
Special listing conditions | Standard | |
MLS Information | ||
Days on market | 531 | |
MLS Status | Active | |
Listing Date | Mar 14, 2023 | |
Listing Last Modified | Nov 29, 2023 | |
Tax ID | UNAVAILABLE | |
MLS Area | 658 - So. Pasadena | |
MLS # | 23250919 |
This information is believed to be accurate, but without any warranty.