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.
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