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Fairview Court 1020 El Centro St

108 Unit Apartment Building $15,500,000 ($143,519/Unit) South Pasadena, CA 91030

Apartment Buildings California South Pasadena 1020 El Centro St, South Pasadena, CA 91030

Investment Highlights

  • Discover a rare gem - an entitled site in the heart of downtown South Pasadena, California, presenting an exceptional investment opportunity.

Executive Summary

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 15.5M (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!

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Price $15,500,000 Building Class B
Price Per Unit $143,519 Lot Size 1.19 AC
Sale Type Investment Construction Status Under Construction
No. Units 108 Building Size 84,867 SF
Property Type Multifamily No. Stories 2
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
 Year Built 2025
Price $15,500,000
Price Per Unit $143,519
Sale Type Investment
No. Units 108
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class B
Lot Size 1.19 AC
Construction Status Under Construction
Building Size 84,867 SF
No. Stories 2
Year Built 2025

Site Amenities

  • Courtyard
  • On-Site Retail
  • Bicycle Storage
  • Public Transportation
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1020 El Centro St, South Pasadena, CA - aerial map view - Image1
1020 El Centro St, South Pasadena, CA - aerial map view - Image2
1020 El Centro St, South Pasadena, CA - aerial map view - Image3
Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code MSSP (Entitled for 108 residential units / condos + 10,597 retail Unit are 1-2 bedrooms and 1 bathroom.)
MSSP (Entitled for 108 residential units / condos + 10,597 retail Unit are 1-2 bedrooms and 1 bathroom.)
(818) 298-4281

Contact

  • Listing ID: 27966873

  • Date on Market: 3/13/2023

  • Last Updated:

  • Address: 1020 El Centro St, South Pasadena, CA 91030

The Multifamily Property at 1020 El Centro St, South Pasadena, CA 91030 is currently available for sale. Contact Tricity Realty for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1020 El Centro St, South Pasadena, CA for sale Building Photo- Image 1 of 10
Building Photo
1020 El Centro St, South Pasadena, CA for sale Building Photo- Image 2 of 10
Rendering from Fairview
1020 El Centro St, South Pasadena, CA for sale Building Photo- Image 3 of 10
Rendering from Diamond
1020 El Centro St, South Pasadena, CA for sale Building Photo- Image 4 of 10
Rendering from El Centro
1020 El Centro St, South Pasadena, CA for sale Building Photo- Image 5 of 10
Rendering from Mission St.
1020 El Centro St, South Pasadena, CA for sale Aerial- Image 6 of 10
Rendering from El Centro
1020 El Centro St, South Pasadena, CA for sale Aerial- Image 7 of 10
1.9 acre site (outlined in green) 1.1 acre site (highlighted in yellow)
1020 El Centro St, South Pasadena, CA for sale Aerial- Image 8 of 10
Site
1020 El Centro St, South Pasadena, CA for sale Plat Map- Image 9 of 10
Plat Map

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Fairview Court | 1020 El Centro St
(818) 298-4281 x

Fairview Court | 1020 El Centro St

Matthew Gangi

(818) 298-4281

(818) 298-4281

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