103 N Catalina Avenue, Pasadena, CA 91106

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$3,500,000

Est. payment - /mo

4 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25158440

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

Presenting Catalina Cottages, a ten-unit multifamily property located just steps from Pasadenas 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.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Catalina and UNION

Interior

Heating Forced Air Unit

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Tax ID 5738003016

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Listed by Nicholas Borrelli Coldwell Banker Realty

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103 N Catalina Avenue Pasadena, CA 91106