1020 El Centro Street South Pasadena, CA ^$ 15,500,000

1020 El Centro Street

^$ 15,500,000

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1020 El Centro Street

South Pasadena, CA, 91030

^$ 15,500,000

Studio Baths0.0

Monthly Estimate*

^$ 108,272

1020 El Centro Street, South Pasadena, CA 91030 - Image 1

1020 El Centro Street, South Pasadena, CA 91030 - Image 2

1020 El Centro Street, South Pasadena, CA 91030 - Image 3

1020 El Centro Street, South Pasadena, CA 91030 - Image 4

1020 El Centro Street, South Pasadena, CA 91030 - Image 5

1020 El Centro Street, South Pasadena, CA 91030 - Image 6

1020 El Centro Street, South Pasadena, CA 91030 - Image 7

Studio

Lots and Land for sale in South Pasadena, CA

for $15,500,000. The lot size is 1.1.

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!

Lots and Land Active

Price

^$ 15,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

1.1

Town/City

South Pasadena

County/Region

Los Angeles

MLS | Web ID

0023250919

Features

General

Zoning MSSP

View Courtyard City Lights

County Los Angeles

New Construction No

Property Type D

HOA / Comm Assn No

Status Active

City South Pasadena

Buyer Agent Compensation 2.00

View Y/N Yes

Senior Community Y/N No

MLS Area 658 - South Pasadena

Lot Size Square Feet 47916.0

Street Name El Centro

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Lot Size Area 47916.0

Lot Size Acres 1.1

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Matthew Gangi

Listing Agent

Tricity Realty Inc

Broker

Affordability Calculator

$108,272

Per Month

Monthly Principal & Interest: $108,272
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in South Pasadena, CA

Average List Price ^$4,334,375

Percent of Sale Price 72%

About South Pasadena, CA

25,394 Population

5% Since 2002

^$89,905 Median Income

42.2 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/15/2023	$15,000,000		Listed Price

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1020 El Centro Street, South Pasadena, CA, 91030 is a Lots and Land for sale at $15,500,000 with a lot size of 1.1. 1020 El Centro Street is a studio with 0.0 baths. The property's zip code is 91030 which is in South Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1020 El Centro Street

Lots and Land for sale in South Pasadena, CA

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