9
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$15,500,000
Est. payment /mo
1.95 Acres Lot
Active
1020 El Centro St South Pasadena, CA 91030
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23-250919
Lot Size 1.946 Acres
Property Description
Exceptional investment opportunity in the heart of the City of South Pasadena, CA. Discover a rare gem -- a 1.300-acre development site within a vibrant 1.945-acre city block. Prime location with a 94/100 walk score, 108-unit entitlement, condo rights, and 10,597 SF of new retail fronting bustling Mission Street. Just one block from the Metro Gold Line, the site sits in the heart of South Pasadena's historic shopping district -- full of charm, walkability, and community vitality. The historic School Hall buildings are fully leased to acclaimed tenants including Villa's Tacos (Michelin-rated), The Boy & The Bear Coffee, Chocolate Roastery + Cafe, and District Brewery + Restaurant -- creating a thoughtfully curated culinary destination. The property also features Sid The Cat, a beloved local music and arts venue. Acquire the 1.3-acre fully entitled development parcel for $15.5M, the leased historic School Hall buildings with premier tenants for $12M, or the entire 1.945-acre city block including both assets for $25M. Don't miss this rare opportunity in the heart of South Pasadena's walkable, culturally vibrant downtown. Contact us today -- two APNs, full entitlements, strong tenancy, and the most sought-after location in the City of South Pas!
Location
State CA
County Los Angeles
Area South Pasadena
Zoning MSSP
Exterior
View Y/N Yes
View City, Walk Street, Other, Courtyard, City Lights
Others
Special Listing Condition Standard
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by Tricity Realty Inc
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