1020 El Centro St, South Pasadena, CA 91030
FOR SALE1.1 ACRES

1020 El Centro St
South Pasadena, CA 91030

      $15,500,000

      Original price: $15,000,000
      Est. Mortgage $98,056/mo*

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      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!

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      180+ days ago

      Home Details for 1020 El Centro St

      Interior Features

      View
      Has a ViewView: City, Walk Street, Other, Courtyard, City Lights

      Exterior Features

      Frontage
      Road Frontage: PublicRoad Surface Type: Asphalt, Sidewalk
      Surface & Elevation
      Topography: Flat

      Days on Market

      Days on Market: 180+

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land

      Price & Status

      Price
      List Price: $15,500,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: South Pasadena

      Agent Information

      Listing Agent
      Listing ID: 23-250919

      Lot Information

      Lot Area: 1.1 Acres

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 23-250919Listing Url
      Last check for updates: about 15 hours ago
      Listing courtesy of Matthew Gangi DRE # 02030212, (818) 298-4281
      Tricity Realty Inc, (818) 298-4281
      Source: CLAW, MLS#23-250919

      Price History for 1020 El Centro St

      DatePriceEventSource
      10/06/2023$15,500,000PriceChange
      CLAW #23-250919
      03/14/2023$15,000,000Listed For SaleCLAW #23-250919

      Similar Homes You May Like

      New Listings near 1020 El Centro St

      Comparable Sales for 1020 El Centro St

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      0.67
      Lot/Land
      $1,200,000
      02/27/24
      -
      -
      1.53
      Lot/Land
      $55,000
      05/09/23
      -
      -
      1.47
      Lot/Land
      $325,000
      08/28/23
      -
      -
      1.47
      Lot/Land
      $325,000
      08/28/23
      -
      -
      1.48
      Lot/Land
      $325,000
      08/28/23
      -
      -
      1.91
      Lot/Land
      $5,510,000
      11/02/23
      -
      -
      1.62
      Lot/Land
      $330,000
      09/08/23
      -
      -
      1.70
      Lot/Land
      $30,000
      11/02/23
      -
      -
      1.79
      Lot/Land
      $17,500
      06/21/23
      -
      -

      What Locals Say about South Pasadena

      • Jasmine Mendez
        "Dog owners would like how clean it is and people are good about picking up after their dog. There are a lot of restaurants with outdoor seating and are dog friendly. "
        0
        Flag
      • Klararodstrom
        "Great schools, parks, farmers market, walkability, Trader Joe’s, street trees, active caring community, Arroyo hikes, easy wide streets and parking, easy freeway access"
        0
        Flag
      • Trulia User
        "There is a beautiful park that has many concerts and open air plays, and a huge community of dog lovers. Best neighborhood ever."
        1
        Flag
      • Trulia User
        "Dog owners would love the amount of grassy, open spaces, dog parks, other dog owners, who walk their dogs around the neighborhood and the cleanliness of the public areas. "
        0
        Flag
      • Trulia User
        "It is a lovely area. There are many families and lots of dog walking. It’s a beautiful area that’s popular for people to be outside enjoying the sunshine. "
        0
        Flag
      • Trulia User
        "Our sense of community is really pleasant. There is a big dog community which is nice and a great farmer’s market. Cute restaurants and bars…it’s a good place to be."
        0
        Flag
      • Trulia User
        "In certain areas of the city, there isn’t always a large amount of green space. Nothing more than a minor inconvenience "
        0
        Flag
      • Byer.erin
        "Nice neighborhood, kid friendly, green, good schools, walkable. ut wish there were more local businesses to walk to."
        3
        Flag
      • Bevy R.
        "Farmers markets, small businesses shopping, big trees arch over streets, neighborly gatherings at parks, dog walking meet ups"
        1
        Flag
      • Cengiz Y.
        "We have all kinds of activities like Easter Halloween, winter games outdoor movies it is lot of fun "
        1
        Flag
      • Byer.erin
        "Neighborhood feels safe, parks are in walking distance, school options are good. In general this city feels like a friendly, well maintained area."
        1
        Flag
      • Alicia.agan
        "Super easy to hop on the 110. Easy to get to downtown. Southbay takes about an hour. Lots of people also use the train. "
        0
        Flag
      • Felixlouie
        "There is a very low crime rate and all of our neighbors are super nice and friendly. Definitely a small town feel with so many extra perks. "
        0
        Flag
      • Hiro3253
        "Very calm safe quiet neighborhood. All kinds of retail stores and restaurants, many different brands of grossly store are all walk by. "
        0
        Flag
      • Juan R.
        "This area has great schools and very friendly atmosphere to walk with your family. The local businesses are cute and offer a variety of services. "
        1
        Flag
      • Maya K.
        "Theres a neat dog park in town down Arroyo Seco, everyone is kind and friendly. The entire park includes batting cages, golf, mini golf, tennis courts and even a skate park. Its a neat little place "
        3
        Flag
      • Paige R.
        "We live in a very dog friendly neighborhood with great sidewalks and green space. Nearly everyone has a dog."
        0
        Flag
      • Mamasylvia1966
        "Lived here for 16 years, best years of my life...Feel safe. AResl sense of community with a small town vibe."
        1
        Flag
      • Terry P.
        "Lots of squirrels during the day. Very friendly and clean! Pet’s Delight on Fair Oaks is a great place to buy things for your dog!!"
        0
        Flag
      • Alex M.
        "I have seen coyotes but nice neighborhood to walk in. Everyone with dogs is pretty friendly and the dogs are friendly."
        0
        Flag
      • Ning H.
        "Great town, clean and quiet, people are very friendly here, best school! Very green everywhere. Easy walking to everywhere and safe"
        1
        Flag
      • Maya R. M.
        "South Pasadena has an amazing farmers market every Thursday night next to the metro and great restaurants. "
        0
        Flag
      • Paige R.
        "A fabulous public library with reading days for children are a highlight for families. The farmer’s market is delightful, with live music and great food trucks in addition to phenomenal produce and goods. A truly lovely community that is friendly and walkable."
        1
        Flag
      • Sanghwan K.
        "South Pasadena is great city. Very good education grade, safe zone, good neighbor. But, too expensive. "
        1
        Flag
      • Sharif Shakhshir
        "I used to live here in the early 1990s. Life took me away and now life has taken me back. It's safe, great access to all of LA via train and great schools. "
        0
        Flag
      • Andrelalonde
        "South Pasadena is a great place to live and raise children. The Police and Fire Department are one of the best. Also the school district is one of the best in Southern California. 👍 "
        0
        Flag
      • Acwash
        "Excellent School District ⭐️. Very family oriented environment. Very safe and ambulatory/ fire emergency services are very responsive."
        0
        Flag
      • Kate W.
        "I drive to Burbank for work, easy access to the 134 and takes me between 20-40 mins depending on traffic "
        0
        Flag
      • Tcabram
        "I’ve lived here for 3 years and it’s a family friendly neighborhood with hiking trails nearby. It’s great for dogs."
        0
        Flag
      • Micah215
        "In my opinion it’s the best town in Southern California. It’s clean,family friendly, and beautiful. If you have a family it’s the perfect place to raise your family. "
        0
        Flag
      • Ning H.
        "South pasadena is a nice quiet safe town, love it so much. It’s green everywhere and everyone in town is so friendly"
        0
        Flag
      • Brad S.
        "Family friendly neighborhood with easy access to shopping, parks and restaurants. Quant environment with small town atmosphere. Love living here."
        0
        Flag
      • Brettseralbo
        "Summer events at the Garfield Park are fun and family friendly. They have concerts, parties, yoga...etc"
        0
        Flag
      • Felixlouie
        "We live across the street from the high school and we have grocery stores and restaurants within a block away!"
        0
        Flag
      • Lawrence G.
        "sporadic I drive a car. sometimes I take the train. sometimes there is traffic sometimes there is not."
        0
        Flag
      • Michelle P.
        "The farmers market the city has in Thursday is amazing and the fair oaks pharmacy is so yummy!!!!!1111"
        0
        Flag
      • Tai633
        "I love South Pasadena, They have the best public school system, people are very nice here, Restaurant are great. "
        0
        Flag

      LGBTQ Local Legal Protections

      Matthew Gangi, Tricity Realty Inc
      © 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      1020 El Centro St, South Pasadena, CA 91030 is a lot/land. This property is currently available for sale and was listed by CLAW on Mar 14, 2023. The MLS # for this home is MLS# 23-250919.