530 540 N Catalina Avenue, Pasadena, CA 91106

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
530 540 N Catalina Avenue,Pasadena, CA 91106
$3,600,000
  • - Beds
  • - Baths
  • 7,882 sq. ft.
  • Multi-family
  • Active
Listed by:handoko chen
Office:growth investment group pasade
MLS#:AR25202676
Source:CRMLS

Price summary

  • Price:$3,600,000
  • Price per sq. ft.:$456.74

About this home

12-unit Value-add near Old Town Pasadena, Very Well Maintained, First Time for Sale Since 1984, Significant Rental Upside, Easy to Manage and Rent, Upgraded Electrical Panels, Carport Parking, Simple Unit Mix. Proforma CAP Rate 6.39%. VILLA CATALINA - 530-540 N Catalina Ave, a 12-unit value-add apartment in a highly desirable location in the City of Pasadena, CA. These 2 properties have been very well maintained by current family who have owned it since 1984. The properties are located on a quiet residential street on Catalina Ave crossing Villa St, and only minutes away from most of City of Pasadena amenities such as Old Town Pasadena, Lake Ave Shopping District, Rose Bowl area, CALTECH and PCC. It is surrounded by other small apartments and single-family houses and has excellent demographics of ±$120,347 average household income in a 1-mile radius. The properties consist of six-unit apartments each (530 and #540) making up the total of 12 units. They were built in 1953 and

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Home facts

  • Year built:1954
  • Listing ID #:AR25202676
  • Added:2 day(s) ago
  • Updated:September 11, 2025 at 05:35 PM

Rooms and interior

  • Living area:7,882 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Asbestos Shingle
  • Year built:1954
  • Building area:7,882 sq. ft.
  • Lot area:0.43 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$3,600,000
  • Price per sq. ft.:$456.74
Based on information from California Regional Multiple Listing Service, Inc. as of September 11, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.