1020 El Centro Street

South Pasadena, CA 91030

$15,500,000
Price
47,916 / 1.1
Lot Size / Acres

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...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 for 1020 El Centro Street

Zoning
MSSP
Parcel Number
UNAVAILABLE
Area
South Pasadena (658)
Lot Size Area
47916
Source Lot Size Area
Estimated
Assessor Parcel Number
UNAVAILABLE
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.

Location

Listing Courtesy of Tricity Realty Inc, Matthew Gangi, DRE #02030212
Add your commute
LISTING UPDATED: 11/29/2023 02:10 AM

Property Details for 1020 El Centro Street

StatusActive
MLS #23-250919
Days on Market432
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size1.10 AC
CountyLos Angeles County

Location

Listing Courtesy of Tricity Realty Inc, Matthew Gangi, DRE #02030212
Add your commute

Building Information for 1020 El Centro Street

Lot Size1.10 AC

Payment Calculator

$97,117 per month

30 year fixed, 7.25% Interest

Principal and Interest

$84,590

Property Taxes

$12,527

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1020 El Centro Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City, Walk Street, Other, Courtyard, City Lights
  • View: City Lights, Courtyard
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Size Square Feet: 47916
  • Lot Location: Corner Lot, City, Park Nearby, Near Public Transit
  • Telephone: 1.0
  • Cable: 1.0
  • Units Per Acre: Over 40 Units/Acre
  • Public Street: Yes
  • Site Decription: City
  • Topography: Flat
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 03-14-2023

Property History for 1020 El Centro Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 El Centro Street

Taxable ValueLand$12,746,408Additions-Total$12,746,408
Tax Record2023$150,321 ($12,527 / month)
Home Facts
Lot Size82,604 SqFtStyleOffice BuildingZoningSPR310000*CountyLOS ANGELESAPN5315-008-047

Schools near 1020 El Centro Street

This home is within South Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Arroyo Vista Elementary School
PublicK to 5

South Pasadena Middle School
Public6 to 8

South Pasadena Senior High School
Public9 to 12

Holy Family Catholic School
PrivateK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1020 El Centro Street is a 1.1 ac of land for sale in South Pasadena, CA 91030. This property was listed for sale on March 14, 2023 by Tricity Realty Inc, it's currently listed at $15,500,000. It has been on the market for a total of 432 days and was last sold on April 10, 2021. This listing's school district is South Pasadena Unified School District. Nearby schools include Arroyo Vista Elementary School, South Pasadena Middle School and South Pasadena Senior High School. 1020 El Centro Street is a 0-bed, 0-bath, 1.1 ac of land on a 47,916 sq. ft. / 1.1 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Tricity Realty Inc, Matthew Gangi, DRE #02030212

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.