$15,500,000
$500K PRICE INCREASE

1020 El Centro St South Pasadena, CA 91030

Estimated payment $99,301/month

Total Views 64,083
1.95 Acres
$7,967,104 Price per Acre
84,746 Sq Ft Lot

Highlights

  • City Lights View
  • 4-minute walk to South Pasadena
  • Property is near a park
  • Arroyo Vista Elementary Rated A+
  • 84,746 Sq Ft lot
  • Corner Lot

About This Lot

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 a 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. Historic El Centro buildings are fully leased with plans underway for a food hall + songwriter venue. Acquire the 1.3-acre development site for $15.5M (closing upon APN recordation) or purchase the entire 1.945-acre city block, including leased historic buildings, for $24M. Don't miss this rare opportunity to invest in South Pasadena's walkable, culturally vibrant downtown. Contact us now -- two APNs, full entitlements, and the most sought-after location in the City of South Pas!

Listing Agent

Matthew Gangi

Tricity Realty Inc License #02030212 Listed on: 03/14/2023

Property Details

Property Type

  • Land

Lot Details

  • 1.95 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned MSSP

Property Views

  • City Lights
  • Courtyard

Location

  • Property is near a park
  • Property is near public transit
  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Probate: No
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt, Public, Sidewalk
  • Street Lights: Yes
  • View: City, Walk Street, Courtyard, City Lights
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Location: Corner Lot, City, Park Nearby, Near Public Transit
  • Lot Size Area: 84746
  • Site Decription: City
  • Topography: Flat
  • Units Per Acre: Over 40 Units/Acre

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Price Changed $15,500,000 +3.3% --
03/14/2023 03/14/23 For Sale $15,000,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 23-250919

The MLS
California Los Angeles County South Pasadena 91030

1020 El Centro St, South Pasadena, CA

This home is located at 1020 El Centro St, South Pasadena, CA 91030 and is currently priced at $15,500,000. 1020 El Centro St is a home located in Los Angeles County with nearby schools including Arroyo Vista Elementary, South Pasadena Middle School, and South Pasadena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Matthew Gangi
Listing Agent
Matthew Gangi
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Tricity Realty Inc
(626) 605-1862