103 N Catalina Avenue Pasadena, CA ^$ 3,500,000

103 N Catalina Avenue

^$ 3,500,000

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103 N Catalina Avenue

Pasadena, CA, 91106

^$ 3,500,000

Studio Baths0.0 Sq 4,250

Monthly Estimate*

^$ 21,835

Listed by Coldwell Banker Realty

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Studio

Multi-Family Home for sale in Pasadena, CA

for $3,500,000. This 4,250 square foot home was built in 1925 on a lot size of 0.2066.

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.

Multi-Family Active

Price

^$ 3,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2066

Year Built

1925

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR25158440

Days on Market

156

Features

General

Sewer Public Sewer

Heating Forced Air

Cooling Dual

Utilities Sewer Connected Water Connected

Possession Close Of Escrow

Roof Composition

Zoning PSR4

HOA Fee 0

Garage Spaces 0

Architectural Style Bungalow

Pool Features None

Security Features Security Gate

Year Built 1925

View None

Property Subtype Apartment

Gross Income 233340

Community Features Sidewalks

County Los Angeles

Net Operating Income 171760

Operating Expense 61580

Insurance Expense 0

New Construction 0

Property Type Residential Income

HOA 0

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions Catalina and UNION

City Pasadena

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 10

MLS Area 648 - Pasadena (SE)

Lot Size Units Square Feet

Lot Size Square Feet 8999

Listing Terms Cash Cash to Existing Loan Cash to New Loan 1031 Exchange

Spa Features None

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 22

Property Sub Type Additional Apartment

Interior

Flooring Wood

Total Stories 1

Common Walls 2+ Common Walls

Air Conditioning Y/N 1

Heating Y/N 1

Laundry Features Inside

Entry Level 1

Exterior

Parking Features Driveway

Lot Features 6-10 Units/Acre

Water Source Public

Total Parking 5

Lot Size Area 8999

Number of Buildings 4

Spa 0

Building Area Total 4250

Lot Size Acres 0.2066

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 10

Number of Separate Gas Meters 10

Number of Separate Electric Meters 10

* Excluded Features

List By

Coldwell Banker Realty

Broker

nborrelli@nbcreinvestments.com

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$21,835

Per Month

Monthly Principal & Interest: $21,835
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,937,864

Percent of Sale Price 16%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$3,500,000		Listed Price

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103 N Catalina Avenue, Pasadena, CA, 91106 is a Multi-Family Home for sale at $3,500,000 with 4,250 sqft and a lot size of 0.2066. 103 N Catalina Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 91106 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/17/2025. 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.

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103 N Catalina Avenue

Multi-Family Home for sale in Pasadena, CA

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