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530 North Catalina Avenue

Brandon Tong Acquires Pasadena Multifamily Property For $3,000,000 With Broker Han Widjaja Chen
SOLDMultiFamily

Brandon Tong Acquires Pasadena Multifamily Property For $3,000,000 With Broker Han Widjaja Chen

530 North Catalina Avenue

$3,000,000

$380/SF

Building Size

7,882 SF

Asset Type

MultiFamily

Closing

May 26, 2026

AI

The property asset involved in this transaction is a multifamily building located at 530 North Catalina Avenue in Pasadena. The sale price for this asset was $3,000,000, comprising 12 units. The property encompasses a total square footage of 7,882, resulting in a price per unit of $250,000 and a price per square foot of $380.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Units: 12
  • Square Footage: 7,882
  • Price Per Unit: $250,000
  • Price Per Square Foot: $380
  • Buyer: Brandon Tong
  • Seller: Alan Go
  • Broker: Han Widjaja Chen - Growth Investment Group

This transaction involved key individuals including the buyer, Brandon Tong, and the seller, Alan Go, facilitated by broker Han Widjaja Chen, representing the seller through Growth Investment Group. The transaction underscores the activities within the Pasadena real estate market, reflecting participation from both local buyers and brokers in multifamily property investments.

Players

Han Widjaja Chen

Growth Investment Group

Broker

$99.3M

vol

21 deals

Broker
Alan Goodkin

Alan Goodkin

Seller

$21.5M

vol

2 deals

Seller

Pasadena MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93