Skip To Content
    Return to Previous Page

    103 N Catalina Avenue N

    Pasadena, CA 91106
    • $2,390,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: AR20111970
    UPDATED: 103 min ago
    $2,390,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,270
      SQFT
    • $731
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Coldwell Banker Commercial George Realty of Arcadia is pleased to announce the Exclusive listing of the Catalina Cottages. The offering is (8) units consisting of One two-bedroom one bath and (7) one bedroom one bath units. The property has gone through a major renovation. Most of the one bedroom units have been renovated. This will give the new investor upside with the other two units to be renovated. The property is gated and secured and offers individual parking garage for the tenants. The property is located adjacent to Pasadena's premier South Lake district. With the proximity to South Lake district and Metro Station nearby, gives the new investor the leverage to increase rents to hedge against inflation. The demand for rental unit in the South Lake district has increased within the last 24 months. Due to the increasing demand for employments in the financial sector in the South Lake district. http://www.103catalina.com

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T00:30:29.2. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/106733822
    Print Image

    103 N Catalina Avenue N Pasadena, CA 91106

    • Price: $2,390,000
    • Status: Active
    • Updated: 103 min ago
    • ID#: AR20111970
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,270
    SQFT
    $731
    $/SQFT
    1925
    Built
    Neighborhood:
    648 - Pasadena (SE)
    County:
    Los Angeles
    Area:
    648 - Pasadena (SE)
    Property Description
    Coldwell Banker Commercial George Realty of Arcadia is pleased to announce the Exclusive listing of the Catalina Cottages. The offering is (8) units consisting of One two-bedroom one bath and (7) one bedroom one bath units. The property has gone through a major renovation. Most of the one bedroom units have been renovated. This will give the new investor upside with the other two units to be renovated. The property is gated and secured and offers individual parking garage for the tenants. The property is located adjacent to Pasadena's premier South Lake district. With the proximity to South Lake district and Metro Station nearby, gives the new investor the leverage to increase rents to hedge against inflation. The demand for rental unit in the South Lake district has increased within the last 24 months. Due to the increasing demand for employments in the financial sector in the South Lake district. http://www.103catalina.com
    Exterior Features

    Architectural Style Cottage Fence YN Yes Fencing ElectricGood ConditionNew ConditionWoodWrought Iron Garage Spaces 5.00 Lot Features LawnLevel With StreetLot 6500-9999 Lot Size Units Square Feet Other Structures Storage Parking Features AssignedGarage - Single Door Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Composition View HillsTrees/Woods View YN Yes

    Interior Features

    Average Studio Area 350 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 775 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Family Room Fireplace YN Yes Flooring LaminateWood Heating Floor Furnace Heating YN Yes Interior Features Copper Plumbing PartialOpen Floorplan Laundry Features Individual RoomInsideStackable Room Type Entry

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 500.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 145.00 Gross Income 1401722.00 Gross Scheduled Income 1401722.00 Insurance Expense 3500.00 Land Lease YN No Laundry YN Yes Net Operating Income 94956.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 35995.00 Professional Management Expense 0.00 Property Condition TurnkeyUpdated/Remodeled Property Sub Type Apartment Rent Control YN No Security Features Automatic GateCarbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 35995.00 Trash Expense 0.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected Vacancy Allowance 15000 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Psr4

    Listing provided courtesy of Nicholas Borrelli of Coldwell Banker George Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T00:30:29.2. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364499644-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364499644-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364499644-1.jpg
    Logo
    Keller Williams Realty
    ,