1020 El Centro St South Pasadena, CA 91030

$15,500,000
1.1 acres
Land

Property details

About 1020 El Centro St

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!

Highlights

Home typeOther
StatusActive
Lot size1.1 Acres
MLS #23250919
ViewCity Lights, Other

Summary

  • MLS Number: 23250919
  • MLS Name: CRMLS
  • Office Name: Tricity Realty Inc
  • Office Phone: (818) 298-4281
  • Listing Agent: Matthew Gangi

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 8:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$15,500,000

1020 El Centro St

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Price information

Property sales

DateEventPrice
Jun 15, 2021
Home Sold
$12,251,500

Tax history

YearAssessmentProperty Tax
2024$13,001,336$153,992
2023$12,746,408$150,321
2022$12,496,479$145,196
2021$166,512$-

History based on county public records data.

Nearby schools

9

Marengo Elementary School

Public District KG-5

0.7 mi

1400 Marengo Ave

8

Arroyo Vista Elementary School

Public District KG-5

0.7 mi

335 El Centro St

8

Monterey Hills Elementary School

Public District KG-5

0.9 mi

1624 Via Del Rey

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $62,891. Typical income of South Pasadena, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

24%
<35k
49%
35k-100k
12%
100k-200k
15%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
14%
Single, with Kids
19%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
12%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1020 El Centro St

This home is located at 1020 El Centro St in South Pasadena, CA and zip code 91030 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 14, 2023 and is currently priced at $15,500,000.

South Pasadena, CA housing market in December 2024 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 12 sold below. In December 2024 in South Pasadena, CA there were 15.1% less homes for sale than in November. In December 2024 median list price was $1,720,000 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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