Commercial: MLS #0025613999 South Pasadena, CA $ 25,000,000
Commercial: MLS #0025613999
$ 25,000,000
New Construction
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Commercial: MLS #0025613999

South Pasadena, CA, 91030
$ 25,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 153,929

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Commercial Property for sale in South Pasadena, CA

for $25,000,000.

PORTFOLIO LISTING -- COMBINED OFFERING (COMMERCIAL / MIXED-USE / INVESTMENT). Exceptional investment opportunity in the heart of the City of South Pasadena, CA. Celebrated for its top-rated public schools, tree-lined streets, historic character, and creative energy -- a rare combination that consistently ranks among Los Angeles County's most sought-after places to live. Discover a rare gem -- a 1.945-acre fully entitled city block in the bustling core of downtown South Pasadena, one block from the METRO A LINE (GOLD LINE) and surrounded by the city's best dining, cafes, and retail. This unique offering combines two distinct parcels: the 1.3-acre MISSION STREET entitled development site (approved for 108 residential units with desirable condominium rights and 10,597 SF of ground-floor retail) and the EL CENTRO / SCHOOL HALL adaptive re-use, fully leased and rehabilitated parcel. Together, they offer DEVELOPMENT POTENTIAL and STABLE INCOME from premier tenants in a fully rehabilitated historic building within one of Los Angeles County's most walkable and desirable downtowns. 1.945 acres across two APNs -- Mission Street (1.3 acres) and El Centro / School Hall (28,122 SF) -- FLAGSHIP ENTIRE CITY BLOCK ASSEMBLAGE offering both immediate yield and exciting development potential. TOTAL BUILDING AREA (96,302 SF) reflects 11,435 SF of existing historic retail plus 84,867 SF of entitled new construction (10,597 SF new retail and 74,270 SF residential). APNs: 5315-008-048 (Development) + 5315-008-049 (Historic).

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Commercial Active

Price

$ 25,000,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

South Pasadena

County/Region

Los Angeles

MLS | Web ID

0025613999

Features
General
Roof Spanish Tile Clay
Zoning DTSP
Security Features Smoke Detector(s) 24 Hour Security Fire Sprinkler System
Construction Materials Brick
Business Type Retail
County Los Angeles
Property Type F
Status Active
City South Pasadena
Lot Size Square Feet 0.0
Standard Status Active
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Exterior
Lot Features Corner Lot Near Public Transit Level with Street Lot Over 40000 Sqft Park Nearby Over 40 Units/Acre
Lot Size Area 84756.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Total Baths 0
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* Excluded Features
List By
Matthew Gangi

Listing Agent

Tricity Realty Inc

Broker

Affordability Calculator

$153,929
Per Month
100%
0%
0%
Monthly Principal & Interest
$153,929
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$25,000,000 Listed Price

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