131 N Michigan Avenue
Pasadena, CA 91106
7,503Sqft(Lot)
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 (T
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Fencing
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1722 -
Lot Size Source: Assessor Lot Size Square Feet: 7503
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Listing Price Information
Original List Price: 1,125,000 Listing Contract Date: 2026-04-21 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5738014019
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Other Property Info
Source Listing Status: Active Source Neighborhood: 647 - Pasadena (SW) Directions: parking lot north of 129 N Michigan Ave, Hill Ave go left on Union St, and right on Michigan Ave Zoning: RM48 Source Property Type: Land Area: 647 - Pasadena (SW)
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 92 N Allen Avenue, Pasadena, CA, 91106 | $2,990,000 | -- | -- | -- | 15,894 Sqft(Lot) |
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ByOwner last updated this listing 06/11/2026 @ 22:52
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