CA > Pasadena
Pasadena, CA 91106,252 N Michigan Avenue
Pasadena, CA 91106,252 N Michigan Avenue
Pasadena, CA 91106,252 N Michigan Avenue
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Deeana Owens

Deeana Owens

+1(678) 250-3471
Listed by Eric Chen • CB RICHARD ELLIS
$5,500,000
Est. payment /mo
34,632 SqFt
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 34,632 sqft

Price per Sqft $158

MLS Listing ID CRCV25249228

HOA Y/N No

Lot Size 0.795 Acres

Property Sub-Type Unimproved Land

Source Datashare California Regional

Property Description

We are proud to offer the Hacienda Garden Condominiums (the “Property”), 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

Interior

Fireplace No

Exterior

View Mountain(s), Other

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Bay East Association of Realtors
© 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.

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Deeana Owens

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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