1020 El Centro Street, South Pasadena, CA 91030 - MLS#CL23250919

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Eric & Janelle Boyenga

homes@boyenga.com +1(408) 373-1660

$15,500,000

Est. payment - /mo

1.1 Acres Lot

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UPDATED:

12/07/2023 08:20 AM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL23250919

HOA Y/N No

Lot Size 1.100 Acres

Acres 1.1

Property Description

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!

Location

State CA

County Los Angeles

Area Listing

Zoning MSSP

Interior

Fireplace No

Exterior

View Y/N true

View City Lights, Other

Building

New Construction No

Others

Tax ID UNAVAILABLE

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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Matthew Gangi • Tricity Realty Inc

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Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725