252 Michigan Ave | Pasadena, CA 91106
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- LoopNet Team
252 Michigan Ave
Pasadena, CA 91106
Hacienda Garden Condominiums · Land For Sale
·
0.80 AC
INVESTMENT HIGHLIGHTS
- The project is located in Pasadena, a highly desirable and affluent city known for its stable economy and professional population.
- The site is minutes from the 210 Freeway, providing excellent accessibility to major employment centers
- The immediate area boasts strong economic fundamentals with an average household income of $163,206 within a 3-mile radius
- This is not a speculative opportunity. The project is fully entitled, shovel-ready, and has over $600,000 in building permit fees already paid
- The proposed development features a thoughtful unit mix, including 19 flats, 11 two-story units, and 4 townhomes
- The project plans were designed by LCRA, an award-winning architectural firm in Pasadena
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units - Condo |
| Property Subtype | Residential | Total Lot Size | 0.80 AC |
| Zoning | RM-32 - Vacant Commercial Land | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 0.80 AC |
| Zoning | RM-32 - Vacant Commercial Land |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $670,967 | Total Assessment | $670,967 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$670,967
Improvements Assessment
$0
Total Assessment
$670,967
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