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    Pasadena Land for Condominium Project

    252 N Michigan Ave. Pasadena, CA 91106

    252 N Michigan Ave., Pasadena, CA, 91106
    $6,300,000
    For Sale
    Claim this Listing
    $6,300,000

    LAND - Pasadena, CA

    Lot Size0.80 Acres
    AddedJan 21
    Days on Market175
    Last RefreshJul 15 at 3:06 pm

    Property Features for 252 N Michigan Ave.

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    PSR3
    Standard status
    Active
    APN
    5738-015-130
    Lot size
    0.80 Acres

    Listing agent Sokrat Arzumanyan License #01901158

    Listing office Beverly & Company Luxury Properties 9350 Wilshire Blvd. Suite 250B, SHERMAN OAKS, CA

    Listing date Jan 21, 2026

    MLS# 26640311 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This property presents an opportunity to develop a 34-residence condominium project in an established Pasadena neighborhood. Located on North Michigan Avenue, the site is intended for modern residences emphasizing natural light and comfort, designed to complement Pasadena’s architecture while offering a contemporary lifestyle. The location provides proximity to dining, retail, cultural destinations, and employment centers, while maintaining a quieter residential setting. Given the limited availability of new for-sale condominiums in Pasadena, this project aims to deliver high-quality homes to a market with owner-occupant demand and enduring value. The scale and setting of the 0.795-acre lot are suited for a luxury residential community. This is an opportunity for a developer or owner-user group to create residences in a market where quality and location are highly valued. The zoning is PSR3. Buyer is responsible for verifying all information including development potential, zoning, unit count, approvals, and feasibility.

    Key Highlights

    • Rare opportunity for a 34‑residence condominium project in a desirable Pasadena neighborhood.
    • Designed for discerning end‑users valuing architecture, location, and long‑term livability.
    • Refined, modern residences emphasizing natural light, proportion, and comfort.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    (Bike/Boat/Book/etc) Store Food Market (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Restaurant Daycare Center Veterinary Clinic Grocery & Convenience Store Locksmith

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Residential land & home lot - Land suitable for a 34-residence condominium project in Pasadena.
    Where is this residential land & home lot located?
    The property is located at 252 N Michigan Ave. Pasadena, CA.
    What is the asking price?
    The asking price for this property is $6,300,000.
    What are key features of this property?
    This property features: Rare opportunity for a 34‑residence condominium project in a desirable Pasadena neighborhood.; Designed for discerning end‑users valuing architecture, location, and long‑term livability.; Refined, modern residences emphasizing natural light, proportion, and comfort.
    Contact an agent
    (818) 800-0770
    We can help!
    Contact an agent
    Sokrat Arzumanyan
    Real Estate License ID: 01901158
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