What is the asking price for 103 N Catalina?

The lease rate for space here is $3,500,000.

What type of property tenancy can you find at 103 N Catalina?

This property is listed as Multi-Tenant.

What is the total size of 103 N Catalina?

The property has a total square footage of 4,250 SF.

When was this property built?

103 N Catalina was built in 1925.

How many parking spaces are available at 103 N Catalina?

Parking information for the property isn't currently listed. However, other nearby parking options include Student Parking Lot No.10, located 0.45 miles away , and Student Parking Lot No.11, which is 0.48 miles away.

103 N Catalina Ave, Pasadena, CA 91106

For Sale $3,500,000
Property Type Multi-Family
Property Size 4,250 SF
Units 8
Lot Size 0.21 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1925
Year Renovated 2019
Date Updated Sep 28, 2026

Description

Coldwell Banker Commercial is proud to present the exclusive listing of the Catalina Cottages, a prime multifamily investment opportunity located just steps from Pasadena’s premier South Lake District. This unique offering consists of 10 total units, including: • One 2-bedroom, 1-bath unit • Nine single units, with two newly added ADUs The property has undergone significant renovations, including the addition of two Accessory Dwelling Units (ADUs). Most single units have been updated, providing strong current income while offering upside potential through the renovation of the remaining two units. Key features include: • Gated and secure property • Proximity to South Lake District and nearby Metro Station The South Lake District has experienced significant rental demand growth over the past 24 months, driven by a surge in employment—particularly in the financial sector. This trend offers the incoming investor the opportunity to increase rents, providing a natural hedge against inflation. This is a rare opportunity to acquire a stabilized, income-producing asset with additional upside potential in one of Pasadena’s most sought-after neighborhoods.Coldwell Banker Commercial is proud to present the exclusive listing of the Catalina Cottages, a prime multifamily investment opportunity located just steps from Pasadena’s premier South Lake District. This unique offering consists of 10 total units, including: • One 2-bedroom, 1-bath unit • Nine single units, with two newly added ADUs The property has undergone significant renovations, including the addition of two Accessory Dwelling Units (ADUs). Most single units have been updated, providing strong current income while offering upside potential through the renovation of the remaining two units. Key features include: • Gated and secure property • Proximity to South Lake District and nearby Metro Station The South Lake District has experienced significant rental demand growth over the past 24 months, driven by a surge in employment—particularly in the financial sector. This trend offers the incoming investor the opportunity to increase rents, providing a natural hedge against inflation. This is a rare opportunity to acquire a stabilized, income-producing asset with additional upside potential in one of Pasadena’s most sought-after neighborhoods.

Highlights

Close proximity to the Metro Station expands commuter demand
Financial sector job growth has supported recent leasing and rent increases
Gated and secure property supports tenant appeal and operational stability
Located in a high-demand submarket with strong rental growth
Most single units have been updated for strong current rental performance
Prime Pasadena multifamily opportunity steps from the sought-after South Lake District
Remaining two units offer clear upside through renovation
Stabilized income-producing asset with inflation-hedging rent upside
Ten total units including one two-bedroom unit and nine singles
Two newly added ADUs enhance income and long-term value potential