Listing provided courtesy of Nicholas Borrelli of Coldwell Banker Realty. Last updated 2025-07-17 08:11:16.000000. Listing information © 2025 Sandicor.
Asking Price: $3,500,000 |
103 Catalina, Pasadena CA 91106
Community: 648 - Pasadena (SE)
This Apartment property was built in 1925 and is priced at $3,500,000. Please see the additional details below.
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.
