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School Hall: South Pasadena Opportunity 2 Properties Offered at $34,764,501 CAD in South Pasadena, CA
Investment Highlights
- South Pasadena CA opportunity presenting one parcel offered for sale at 1020 El Centro Street comprising 28,122 SF.
- Located one block from the Metro A (Gold) line station in the heart of South Pasadena's Downtown shopping destination.
- Last remaining parcel of a 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, and 1020 El Centro Street parcel is available individually. Please contact the 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 is an opportunity to be part of a 1.945-acre, fully entitled city block consisting of two distinct parcels, offered for sale separately, with only the 28,122-square-foot parcel remaining for sale. 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 and features 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 is an opportunity to be part of a 1.945-acre, fully entitled city block consisting of two distinct parcels, offered for sale separately, with only the 28,122-square-foot parcel remaining for sale. 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 and features 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 | $34,764,501 CAD | Number of Properties | 2 |
| Price / SF | $3,040 CAD / SF | Individually For Sale | 2 |
| Sale Condition | Redevelopment Project | Total Building Size | 11,435 SF |
| Sale Type | Investment | Total Land Area | 1.95 AC |
| Status | Active |
| Price | $34,764,501 CAD |
| Price / SF | $3,040 CAD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 11,435 SF |
| 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 | - | $21,553,991 CAD |
|
School Hall
1020 El Centro St, South Pasadena, CA 91030 |
Retail | 11,435 SF | 1920 | $16,686,961 CAD |
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School Hall: South Pasadena Opportunity
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