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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

    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!
    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#: 23-250919MLS Logo
    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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