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252 Michigan Ave - Hacienda Garden Condominiums 0.79 Acres of Residential Land Offered at $8,603,469 CAD in Pasadena, CA 91106

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Executive Summary

A rare opportunity to bring an elegant 34-residence condominium project to one of Pasadena's most established and desirable neighborhoods. Thoughtfully situated on North Michigan Avenue, this offering is designed for today's discerning end user who values architecture, location, and long-term livability. The project envisions refined, modern residences with an emphasis on natural light, proportion, and comfort crafted to complement Pasadena's architectural character while delivering a contemporary lifestyle experience. Residents will enjoy proximity to Pasadena's celebrated dining, retail, cultural destinations, and major employment centers, all while residing in a quieter residential setting that offers balance and privacy. With limited new for-sale condominium inventory in Pasadena, this project represents a compelling opportunity to deliver high-quality homes into a market defined by strong owner-occupant demand and enduring value. The scale and setting make this an exceptional canvas for a thoughtfully designed luxury residential community. An ideal opportunity for a developer or owner-user group seeking to create timeless Pasadena residences in a market where quality and location continue to command premium attention. Buyer to verify all information including development potential, zoning, unit count, approvals, and feasibility to their own satisfaction.

Property Facts

Price $8,603,469 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 0.79 AC
Zoning RM-32 - Vacant Commercial Land

1 Lot Available

Lot

Price $8,603,469 CAD
Price Per AC $10,890,467.33 CAD
Lot Size 0.79 AC
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5738-015-143
  • 5738-015-130
Land Assessment
$916,293 CAD
Improvements Assessment
$0 CAD
Total Assessment
$916,293 CAD
  • Listing ID: 39377271

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 252 Michigan Ave, Pasadena, CA 91106

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