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
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