Bungalow

103 N Catalina Avenue

Pasadena , CA 91106

MLS#: AR25158440

$3,500,000

Status: Active
Listing number: AR25158440
Listing provided by: Coldwell Banker Realty
Listing agent phone: None
Last update: 5 months ago
On site: 5 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Dual

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Driveway

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.2066

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $3,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    22

  • Water Source

    Public

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Location

County

Los Angeles

Elementary School

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Listing Courtesy of Nicholas Borrelli , Coldwell Banker Realty

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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.

103 N Catalina Avenue

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