15
See all 15 photos
$5,500,000
Est. payment /mo
0.8 Acres Lot
Active
252 N Michigan Avenue Pasadena, CA 91106
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25249228
HOA Y/N No
Lot Size 0.795 Acres
Acres 0.8
Property Sub-Type Unimproved Land
Property Description
We are proud to offer the Hacienda Garden Condominiums (the “Propertyâ€), a Residential Opportunity to build 34 Modern Condo Units, in the city of Pasadena. This site is fully permitted with all building permit fees of over $600,000 paid by the Seller. This is an exceptional development opportunity that sits on two parcels with cross streets at Walnut Street and Corson Street. This fully entitled, shovel-ready project is offered at $5.5M, including all plans and permits for the construction of two three-story residential buildings with 34 modern condo units. With over $600,000 in building permit fees already paid, all the heavy lifting and planning are complete, and the project is construction-ready for immediate commencement. The approved plans account for a total of ±31,567 net rentable square feet of residential dwelling space, ±3,429 SF of residential common area and circulation, for a net residential size of ±34,996 SF space, with a total gross square footage of approximately ±67,567 residential net square feet, including a ±32,571 square foot subterranean parking area. The proposed development plans, designed by the award-winning architect LCRA, include a diverse unit mix to cater to a sophisticated market. The project consists of 19 flats, 11 two-story units, and f
Location
State CA
County Los Angeles
Zoning RM-3
Interior
Fireplace No
Exterior
View Y/N true
View Mountain(s), Other
Building
New Construction No
Others
Tax ID 5738015143
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Eric Chen • CB RICHARD ELLIS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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