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252 N Michigan Avenue, 
Pasadena, CA 91106

$5,500,000


Bed


Bath


-

Sq Ft


0.80

Acres (Lot)


Land

Active

Listed by

Eric Chen

Cb Richard Ellis

eric.chen@cbre.com

Last updated:

October 31, 2025, 02:41 PM

MLS#

CRCV25249228

Source:

CA BRIDGEMLS

About This Land

252 N Michigan Avenue

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

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.80

MLS #:

CRCV25249228

Last Updated:

October 31, 2025, 02:41 PM

Added:

3 day(s) ago


Rooms & Interior

Interior

Living Area:

34,632 Sq. Ft.


Structure

Structure

Architectural Style:

Unimproved Land

Building Area:

34,632 Sq. Ft.


Finances & Disclosures

Finances

Price:

$5,500,000

Price per Sq. Ft:

$158 per Sq. Ft.

Source:CA BRIDGEMLS
The information being provided by BRIDGEMLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 BRIDGEMLS All rights reserved.

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