153 S Catalina Ave - Residential LAND FOR SALE


Pasadena, CA 91106- South Lake12,293 SF
$3,600,000 USD
626-841-1864
153 S Catalina Ave, Pasadena, CA for Sale
$3,600,000 USD
Residential LAND - FOR SALE
1/9
12,293 SF

153 S Catalina Ave
Pasadena, CA 91106
South Lake


HIGHLIGHTS

  • ±0.28-Acre Infill Site in Prime Pasadena Location
  • CD-MU-N Zoning under Central District Specific Plan allows 64 units an acre by right
  • Existing 8-Unit Asset Provides In-Place Cash Flow
  • Walk Score 95 – Steps to South Lake, Old Town & Transit
  • Transit-Oriented Location Near Metro A Line
  • Strong Demographics with High Barriers to Entry

OVERVIEW

Offered for sale as a rare Pasadena infill asset combining current income with significant future upside. The property is fully improved with 8 residential units, allowing buyers to hold and collect income while advancing entitlements or design under the Central District Specific Plan. CD-MU-N zoning and proximity to transit support density bonus incentives, reduced parking, and strong long-term demand fundamentals. Excellent frontage, walkable amenities, and location within one of Pasadena’s highest-income submarkets make this a compelling hold, value-add, or redevelopment opportunity.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/ACRE

$12,756,528/AC

PRICE/SF

$293 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Catalina at Cordova - MF Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.28 AC

LAND SF

12,293 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

CD-MU-N

APN/PARCEL ID

5735-027-033

ASK ABOUT THIS PROPERTY

Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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Mauricio OlaizLee & AssociatesMore Info
626-841-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.