Home | Los Angeles County | Pasadena | 91106 | 131 N Michigan Ave
MLS: CRAR26086347 | Status: Active | Price: $1,125,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,503 | – |
Prime Pasadena Infill: High-Density RM-48 Lot Near Caltech & PCC – Up to 35 Buildable Units (High Density), or 17-21 units (Mid Density). A rare infill opportunity on N Michigan Avenue: a 7501SF, RM-48 high-density lot located mere steps from Caltech and Pasadena City College. Because this site is a vacant lot, developers benefit immediately from zero demolition costs, allowing for a faster, more cost-effective path to vertical construction in one of Southern California’s most supply-constrained markets. The property offers unparalleled flexibility, accommodating a wide range of builder strategies. Depending on city approvals, developers can pursue three distinct development paths: a High-Density affordable project yielding up to 35 units, a Mid-Density Transit-Oriented Development (TOD) yielding 17-21 units, or a Low-Density residential project of 5 units. This makes it an ideal acquisition for boutique builders or seasoned development firms looking to expand their footprint in a high-barrier-to-entry city. Location serves as the ultimate amenity for this site. Situated between LAKE Ave and Hill Ave, and 1 lot away from Union St and Michigan Ave corner, it offers superb access to all the best amenities City of Pasadena has. Situated just minutes from major employment cente
| Field | Value |
|---|---|
| MLS # | CRAR26086347 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| HOA Fee | $0 |
| Zoning | LWS, PAV, LW, LSR, TNS, D8, LV |
| Feature | Details |
|---|---|
| Fencing | None |
| Lot Description | Grade - Level |
| Listing Agent | Co-Listing Agent |
|---|---|
| Handoko Chen | Justin Mccardle |
| Growth Investment Group Pasade | Growth Investment Group Pasade |
| License #: 01749321 | License #: 01895720 |
| Phone: – | Phone: (310) 606-0192 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Twentieth Street Elementary School | public | K-5 | 0.21 mi | 5 |
| Rose City High (Continuation) School | public | 9-12 | 0.77 mi | 3 |
| Twilight Adult | public | UG | 0.77 mi | N/A |
| McKinley School | public | K-8 | 0.80 mi | 2 |
| Madison Elementary School | public | K-5 | 1.09 mi | 2 |
| Hamilton Elementary School | public | K-5 | 1.15 mi | 7 |
| Thurgood Marshall Secondary School | public | 6-12 | 1.37 mi | 6 |
| Longfellow (Henry W.) Elementary School | public | K-5 | 1.47 mi | 4 |
| Norma Coombs Elementary | public | K-5 | 1.76 mi | 6 |
| Daniel Webster School | public | K-5 | 1.83 mi | 5 |
| Blair High School | public | 6-12 | 1.92 mi | 4 |
| Octavia E. Butler Magnet School | public | 6-8 | 2.06 mi | 4 |
| Cis Academy | public | K-12 | 2.08 mi | 7 |
| Pasadena High School | public | 9-12 | 2.08 mi | 7 |
| Washington Accelerated Elementary School | public | K-5 | 2.09 mi | 5 |
| San Marino High School | public | 9-12 | 2.14 mi | 10 |
| Huntington Middle School | public | 6-8 | 2.23 mi | 9 |
| Valentine Elementary School | public | K-5 | 2.26 mi | 10 |
| Eliot Arts Magnet | public | 6-8 | 2.43 mi | 2 |
| Willard Elementary School | public | K-5 | 2.54 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1210 N Altadena Dr | $1,017,000 | – | – | – | Active |
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This listing information is up-to-date as of April 21, 2026. For the most current information, please contact Handoko Chen.