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1020 El Centro St, South Pasadena, CA, 91030
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1020 El Centro St South Pasadena, CA, 91030

$15,500,000 $500,000 Land for sale 1.10 acres

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!
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Property details

47,916 sqft interior area
View
City Lights, Other
Land area
47,916 sqft (1.10 acres)
Price per sqft
$323/sqft
Days on Verhouse
426
Address
1020 El Centro St, South Pasadena, CA, 91030
City of California
South Pasadena
County
Los Angeles
Previous price
$15,000,000
District
Listing
Zoning
MSSP

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Listed by

Matthew Gangi, Tricity Realty Inc
Name
Matthew Gangi
License number
02030212
Brokerage company
Tricity Realty Inc
MLS #
CL23250919

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Calculate your monthly payments
Mortgage
$47,589
Taxes
$0
HOA dues
$0
$47,589 per month
Mortgage
$3,100,000 / 20%
2.28%
30 years
Your amount $47,589 / month

Lot details

TMK #unavailable
Parcel #
unavailable

91030 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 91030

40%
Families with children
National average: 39%
38%
Non family households
376,675
Population
$114,230
Average Income

Age & gender

Median age 38 years
More info

Commute types

79% commute by car
More info

Education level

23% have bachelor education
More info

Number of employees

2% work in education and healthcare
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Vehicles available

38% have 2 vehicle
More info

Vehicles by gender

38% have 2 vehicle
More info

Housing market insights for

$1.41m
Neighborhood average
sales price*
$1.08m
Neighborhood median
sales price*
582
Number
of sales*

Housing type

43% are single detacheds
More info

Rooms

41% of the houses have 4 or 5 rooms
More info

Bedrooms

61% have 2 or 3 bedrooms
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Owners vs Renters

55% are renters
More info
17.17 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Location Details, Documents & Disclosures

Directions to property
The site is in the heart of the

Price history

For sale Nov 29, 2023
Date Event Price $/sqft Source
Nov 29, 2023 For sale $15,500,000 323.48 MLS #CL23250919
Oct 24, 2023 Unavailable $15,500,000 0 MLS #CL23250919
Oct 6, 2023 Price Increase $15,500,000 +3.33% 323.48 MLS #CL23250919
Mar 14, 2023 New Listing $15,000,000 313.05 MLS #CL23250919

Agent viewpoints of 1020 El Centro St, South Pasadena, CA, 91030

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Frequently Asked Questions about 1020 El Centro St

What is 1020 El Centro St?

1020 El Centro St is a lot of 1.10 acres (about is 47,916 sqft).

What is the full address of this Land?

1020 El Centro St, South Pasadena, CA, 91030.

Tell me about the point of interest nearby

The closest grocery stores are Vons, 0.28 miles away and Pavilions, 0.34 miles away.

Based on information from the bridgeMLS as of 05-13-2024. 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.

Listing last updated on: Dec 06, 2023
Verhouse Last checked 5 minutes ago


The closest grocery stores are Vons, 0.28 miles away and Pavilions, 0.34 miles away.
The 91030 zip area has a population of 376,675, and 40% of the families have children. The median age is 38.87 years and 79% commute by car. The most popular housing type is "single detached" and 55% is renter.
Land For sale $15.5m  $500,000 1020 El Centro St, South Pasadena, CA, 91030 1.10 acres Save House Remove from Saved