Listed by Matthew Gangi with Tricity Realty Inc

1020 El Centro Street

South Pasadena, CA, 91030

$15,000,000

$15,000,000
Active
Active
 - For Sale
property_type
Land
Exceptional prime infill site entitled for 108 residential units + 10,597 SF of retail along Mission St. featuring a full City block in the heart of downtown South Pasadena, California. The site totals 1.9 acres of property including a historic 15,784 sq. ft. building fronting El Centro St., the "School Hall" which is being programmed as a food hall + retail + music & art. The property fronts Mission Street, which is the downtown's charming main street, is located across from the City's library on El Centro St., and is a block away from the Metro Gold Line. The site has an incredibly high walkscore of 94/100. The development site, approximately 1.1 acres of the 1.9 acre site is listed for sale at $15M and is fully entitled for 108 residential units + 10,597 SF of retail along Mission St -- This transit-oriented development offers an investment opportunity in a generational asset.
MLS® ID:
23250919
Listed:
3/13/23
Updated:
3/27/23

Exterior/Building Features

Lot Size
1.1 acres lot
Lot Details
Flat

Other Property Details

Area Name
658 - So. Pasadena
Garage
No
Parking
N
View
Y
County
Los Angeles
Pool
No
Zoning
MSSP
Buyer Agency Compensation
2.500

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/27/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 3/27/23 at 3:02 AM UTC

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