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South Pasadena CA Opportunity 2 Properties Offered at £18,977,500 in South Pasadena, CA
Investment Highlights
- South Pasadena CA opportunity presenting two parcels offered for sale at 1020 El Centro Street with 28,122 SF.
- Located one block from the Metro A (Gold) line station in the heart of South Pasadena's Downtown shopping district.
- Combine the two parcels to own an entire 1.945-acre block to secure an irreplaceable footprint in the city's most sought-after district.
- El Centro is a fully leased food hall with Villa’s Tacos, Lit Brew, The Boy & the Bear, and Sid The Cat—drawing national attention.
Executive Summary
UPDATE: 1025 Mission Street is currently under contract. Please contact broker for details and availability.
Embark on an exceptional investment and development opportunity in the heart of South Pasadena, California. Celebrated for its top-rated public schools, tree-lined streets, historic character, and creative energy, South Pasadena is consistently ranked among Los Angeles County’s most sought-after communities. This property is a 1.945-acre, fully entitled city block consisting of two distinct parcels, offered for sale separately. This flagship city block assemblage offers both immediate yield and exciting development potential.
El Centro / School Hall Parcel (APN 5315-008-049) at 1020 El Centro Street is situated on a 28,122-square-foot parcel, featuring 11,435 square feet of beautifully rehabilitated historic buildings. The property is fully leased to premier tenants, including Villa’s Tacos (Michelin-rated), The Boy & The Bear Coffee Roasters, Lit Brew, and Sid The Cat. This offering is offered for $12 million.
Discover a rare gem in the bustling core of Downtown South Pasadena, boasting a 94 Walk Score, one block from the Metro A Line (Gold Line), and surrounded by the city’s best dining, cafés, and retail. Don't miss out on a mixed-use development opportunity in the top-tier Los Angeles County market of South Pasadena, a city consistently recognized for its award-winning public schools and vibrant, walkable downtown.
Embark on an exceptional investment and development opportunity in the heart of South Pasadena, California. Celebrated for its top-rated public schools, tree-lined streets, historic character, and creative energy, South Pasadena is consistently ranked among Los Angeles County’s most sought-after communities. This property is a 1.945-acre, fully entitled city block consisting of two distinct parcels, offered for sale separately. This flagship city block assemblage offers both immediate yield and exciting development potential.
El Centro / School Hall Parcel (APN 5315-008-049) at 1020 El Centro Street is situated on a 28,122-square-foot parcel, featuring 11,435 square feet of beautifully rehabilitated historic buildings. The property is fully leased to premier tenants, including Villa’s Tacos (Michelin-rated), The Boy & The Bear Coffee Roasters, Lit Brew, and Sid The Cat. This offering is offered for $12 million.
Discover a rare gem in the bustling core of Downtown South Pasadena, boasting a 94 Walk Score, one block from the Metro A Line (Gold Line), and surrounded by the city’s best dining, cafés, and retail. Don't miss out on a mixed-use development opportunity in the top-tier Los Angeles County market of South Pasadena, a city consistently recognized for its award-winning public schools and vibrant, walkable downtown.
Property Facts
| Price | £18,977,500 | Number of Properties | 2 |
| Price psf | £1,660 / sq ft | Individually For Sale | 2 |
| Sale Condition | Redevelopment Project | Total Property Size | 11,435 sq ft |
| Sale Type | Investment | Total Land Area | 1.95 ac |
| Status | Active |
| Price | £18,977,500 |
| Price psf | £1,660 / sq ft |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Property Size | 11,435 sq ft |
| Total Land Area | 1.95 ac |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Fairview Court -- South Pasadena
1025 Mission St, South Pasadena, CA 91030 |
Land | 1.30 ac | - | £11,766,050 |
|
School Hall
1020 El Centro St, South Pasadena, CA 91030 |
Retail | 11,435 sq ft | 1920 | £9,109,200 |
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