103 N Catalina Avenue, Pasadena, CA 91106

• 4,250 sqft

Property Description

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.

Listing Status:

Active

Date Added:

July 15, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : 626-445-5500

Listing Agent:

Nicholas Borrelli : 626-445-5500

MLS ID:

AR25158440

Interior

• Laundry: Inside
• Flooring: Wood
• A/C: Dual
• Heating: Forced Air

Exterior

• General: None
• Style: Bungalow
• Pool: None
• Parking: DrivewayParking spaces: 5

Construction

• Roofing: Composition
• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: PSR45738003016
• View: None

Utilities

• Utilities: Sewer ConnectedWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS

This listing courtesy of Nicholas Borrelli, Coldwell Banker Realty