- $3.5M Price
- .21 Acres
- 30 DOM
103 Catalina Avenue
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.
Essential Information
- MLS® #AR25158440
- Price$3,500,000
- Bathrooms0.00
- Acres0.21
- Year Built1925
- TypeResidential Income
- Sub-TypeApartment
- StyleBungalow
- StatusActive
Community Information
- Address103 Catalina Avenue
- Area648 - Pasadena (SE)
- CityPasadena
- CountyLos Angeles
- Zip Code91106
Amenities
- Parking Spaces5
- ParkingDriveway
- GaragesDriveway
- ViewNone
- PoolNone
Utilities
Sewer Connected, Water Connected
Interior
- InteriorWood
- HeatingForced Air
- CoolingDual
- # of Stories1
Exterior
- Lot DescriptionSixToTenUnitsAcre
- RoofComposition
Additional Information
- Date ListedJuly 15th, 2025
- Days on Market30
- ZoningPSR4
Listing Details
- AgentNicholas Borrelli
- OfficeColdwell Banker Realty
Nicholas Borrelli, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of August 15th, 2025 at 4:57pm PDT. 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.