1020 El Centro, South Pasadena, CA, 91030

1.95acres

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 with 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 on El Centro Street total +/- 11,435 SF and 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!

Listing agent:

Matthew Gangi

License #02030212

Tricity Realty Inc

1020 El Centro is a Land property located in South Pasadena, California, featuring a 1.946 acre lot, MLS #23250919.

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Data last modified: 2025-10-17 10:52:34