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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1020 El Centro Street, South Pasadena – $15,500,000

  • $15.5M Price
  • 1.95 Acres
  • 918 DOM
  • $15.5M Price
  • 1.95 Acres
  • 918 DOM

1020 El Centro Street

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!

Essential Information

  • MLS® #23250919
  • Price$15,500,000
  • Bathrooms0.00
  • Acres1.95
  • TypeLand
  • StatusActive

Community Information

  • Address1020 El Centro Street
  • Area658 - So. Pasadena
  • CitySouth Pasadena
  • CountyLos Angeles
  • Zip Code91030

Amenities

  • ViewCity Lights, Courtyard

Exterior

  • Lot DescriptionFlat

Additional Information

  • Date ListedMarch 14th, 2023
  • Days on Market918
  • ZoningMSSP

Listing Details

  • AgentMatthew Gangi
  • OfficeTricity Realty Inc
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Price Change History for 1020 El Centro Street, South Pasadena, (MLS® #23250919)

Date Details Change
Price Increased from $15,000,000 to $15,500,000 $500,000 (3.33%)

Matthew Gangi, Tricity Realty Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of September 18th, 2025 at 4:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.