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$6,300,000
Est. payment /mo
0.8 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26640311
HOA Y/N No
Lot Size 0.795 Acres
Acres 0.795
Property Sub-Type Unimproved Land
Property Description
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.
Location
State CA
County Los Angeles
Zoning PSR3
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
New Construction No
Others
Tax ID 5738015130
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Listed by Sokrat Arzumanyan • Beverly & Company Luxury Properties
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