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!
Lot/land
$15,500,000
1020 El Centro St, South Pasadena, CA 91030
--beds
--baths
1.95Acres
Unimproved Land
Built in ----
1.95 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 892 days
- on Zillow |
- 243 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 01:26pm
Listed by:
Matthew Gangi DRE # 02030212 818-298-4281,
Tricity Realty Inc 818-298-4281
Source: CLAW,MLS#: 23-250919

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: City, Walk Street, Other, Courtyard, City Lights
Lot
- Size: 1.95 Acres
- Features: Corner Lot, City Lot, Park Nearby, Near Public Transit
- Topography: Flat
Details
- Zoning: MSSP
- Special conditions: Standard
Community & HOA
Location
- Region: South Pasadena
Financial & listing details
- Date on market: 3/14/2023
- Road surface type: Asphalt, Sidewalk
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