Listed by Matthew Gangi - DRE #02030212 - Tricity Realty Inc 818-298-4281
$15,500,000 affordable loan icon Calculate Payment

1020 El Centro Street South Pasadena, CA 91030

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Land Residence
Beds
Baths
Sq. Ft.
1.1 Acre Lot

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Last updated on 11/15/2024 5:47 AM
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 desirabl...e 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! Continue reading
MLS#
23250919
Property Type
Land
Status
Lot Size
1.1

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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Listed by Matthew Gangi - DRE #02030212 - Tricity Realty Inc 818-298-4281
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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