Thank you
Matthew Gangi
Tricity Realty Inc
818-298-4281
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!
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Total Baths: 0
Full Baths: 0
Half Baths: 0
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 1.1
Lot Size Source: Estimated
Lot Size Square Feet: 47916
Original List Price: 15,500,000
Listing Contract Date: 2023-03-14
Listing Agreement: Exclusive Right To Sell
Parcel Number: UNAVAILABLE
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 658 - So. Pasadena
Directions: The site is in the heart of the South Pasadena downtown -- It is bounded by Mission Street to the North, Fairview Avenue to the East, El Centro St. to the South, and Diamond Avenue to the West.
Zoning: MSSP
Source Property Type: Land
Area: 658 - So. Pasadena
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1000 Buena Vista Street, South Pasadena, CA,91030 | $6,100,000 | 7 | 2 | 7,323 | 30825 Sqft |
1829 Gillette, South Pasadena, CA,91030 | $2,200,000 | 3 | 2 | 1,839 | 7908 Sqft |
80 Monterey Road, South Pasadena, CA,91030 | $1,800,000 | -- | -- | -- | 18504 Sqft |
2030 Hanscom Drive, South Pasadena, CA,91030 | $2,848,000 | 4 | 5 | 4,200 | 10656 Sqft |
825 Columbia Street, South Pasadena, CA,91030 | $2,499,000 | 4 | 2 | 2,460 | 9852 Sqft |
2123 Hanscom Drive, South Pasadena, CA,91030 | $350,000 | -- | -- | -- | 3816 Sqft |
633 Park Avenue, South Pasadena, CA,91030 | $1,985,000 | -- | -- | 3,805 | 8251 Sqft |
909 El Centro Street #103, South Pasadena, CA,91030 | $699,000 | 1 | -- | 660 | -- |
1735 Hanscom Drive, South Pasadena, CA,91030 | $6,980,000 | 6 | 6 | 7,440 | 11549 Sqft |
1733 Hanscom Drive, South Pasadena, CA,91030 | $4,988,000 | 4 | 4 | 4,540 | 5764 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 18:55
MLS: 23250919
LISTED BY: Matthew Gangi, Tricity Realty Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.