103 N Catalina Avenue, Pasadena, CA 91106
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103 N Catalina Avenue,Pasadena, CA 91106
$3,500,000
- - Beds
- - Baths
- 4,250 sq. ft.
- Multi-family
- Active
Listed by:nicholas borrelli
Office:coldwell banker realty
MLS#:AR25158440
Source:CRMLS
Price summary
- Price:$3,500,000
- Price per sq. ft.:$823.53
About this home
Presenting Catalina Cottages, a ten-unit multifamily property located just steps from Pasadena’s South Lake District. The unit mix consists of one 2-bedroom, 1-bath unit and nine single units, including two recently added ADUs. The property has undergone recent renovations, including the addition of two ADUs. Several units have been updated, and two units remain with value-add potential. The gated property offers secured access and is located near public transportation, including a nearby Metro station. The South Lake District has seen increased rental demand in recent years, supported by local employment growth. This asset provides in-place income with potential for additional upside through renovation and rent increases. This is an opportunity to acquire a stabilized multifamily property in a high-demand Pasadena neighborhood.
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Home facts
- Year built:1925
- Listing Id #:AR25158440
- Added:30 day(s) ago
- Updated:August 13, 2025 at 10:27 AM
Rooms and interior
- Living area:4,250 sq. ft.
Heating and cooling
- Cooling:Dual
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1925
- Building area:4,250 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,500,000
- Price per sq. ft.:$823.53
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