252 N Michigan Avenue, Pasadena, CA 91106
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
252 N Michigan Avenue,Pasadena, CA 91106
$5,500,000
- 0.8 Acres
- Lots / Land
- Active
Listed by:eric chen
Office:cb richard ellis
MLS#:CRCV25249228
Source:CA_BRIDGEMLS
Price summary
- Price:$5,500,000
About this home
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
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Home facts
- Listing ID #:CRCV25249228
- Added:1 day(s) ago
- Updated:October 31, 2025 at 02:41 PM
Rooms and interior
- Living area:34,632 sq. ft.
Structure and exterior
- Building area:34,632 sq. ft.
- Lot area:0.8 Acres
Finances and disclosures
- Price:$5,500,000
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