Pasadena Development
153 S Catalina Ave, Pasadena, CA 91106
Rare 0.28-acre infill site with redevelopment potential.
Type:Land, Multifamily
Property size:
4,316 SFLot size:
0.28 AcresPrice / SF:
$740/SF- Added:
- Feb 3, 2026
- Days on Market:
- 100
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 153 S Catalina Ave
General Information
- Standard status
- Active
- Size
- 4,316 SF
- Lot size
- 0.28 Acres
- Property subtype
- Land, Multifamily
Building Details
- Year Built
- 1953
Listing agent Guillermo Olaiz License #CA Broker # 01778986
Listing office NAI Capital - Pasadena
Listing date Feb 3, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Capital - Pasadena
HighLights
- Prime ±0.28 acre infill development site in a highly desirable Pasadena location.
- Zoned CD‑MU‑N, allowing for potential redevelopment of up to 27 multifamily units with density bonuses.
- Excellent walkability (Walk Score 95) to South Lake Avenue, Old Town Pasadena, and Metro A Line stations.
- Existing 8‑unit multifamily asset provides immediate stabilized cash flow during pre‑development.
- Located in a premier live‑work‑play market with high median household income and high barriers to entry.
- Existing property has recent upgrades, including new electrical subpanels and exterior painting.
Overview
This is a development opportunity located at 153 S Catalina Avenue, Pasadena, CA 91106. The site is a 0.28-acre infill site in a sought-after neighborhood. Zoned CD-MU-N (Central District Mixed-Use Neighborhood), the location has a Walk Score of 95, providing walkability to South Lake Avenue, Old Town Pasadena, The Paseo shopping center, Caltech, Pasadena City College, and Metro A Line stations. The area is a live-work-play market with a median household income exceeding $115,000. The property includes an existing 4,316 square foot multifamily asset with eight 1-bedroom/1-bath units. Architectural details are present, with upgrades including new electrical subpanels in all units in 2025 and exterior painting in 2023. The site has redevelopment potential for up to 27 multifamily units, leveraging the zoning's base residential density and a potential California State Density Bonus. It is suited for a mixed-use or residential project in a pedestrian-friendly, transit-proximate location. The existing 8 units provide income before redevelopment in Pasadena's housing market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Land
Location Insight
- Map
- Local Demand
- City
- Pasadena
- County
- Los Angeles
- State
- California
- Longitude
- -118.12976
- Latitude
- 34.14311
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Rare 0.28-acre infill site with redevelopment potential.
Where is this land located?
The property is located at 153 S Catalina Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $3,198,000.
What are key features of this property?
This property features: Prime ±0.28 acre infill development site in a highly desirable Pasadena location.; Zoned CD‑MU‑N, allowing for potential redevelopment of up to 27 multifamily units with density bonuses.; Excellent walkability (Walk Score 95) to South Lake Avenue, Old Town Pasadena, and Metro A Line stations.
