Pasadena, CA 91106 195 S Wilson Avenue

195 S Wilson Avenue Pasadena, CA - Image 1195 S Wilson Avenue Pasadena, CA - Image 2195 S Wilson Avenue Pasadena, CA - Image 3
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195 S Wilson Avenue Pasadena, CA - Image 4195 S Wilson Avenue Pasadena, CA - Image 5195 S Wilson Avenue Pasadena, CA - Image 6195 S Wilson Avenue Pasadena, CA - Image 7195 S Wilson Avenue Pasadena, CA - Image 8195 S Wilson Avenue Pasadena, CA - Image 9195 S Wilson Avenue Pasadena, CA - Image 10
Presented By: KEVIN LUTZ with Keller Williams Realty/Pasadena; 626-429-0685
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# WS25081522
  • 04/14/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 52
  • Full/Half Baths • 5 / 1
  • SQFT • 36,983
  • Garage • 38

Home Details

Wilson Apartments and Townhomes community presents a blend of thoughtfully designed residences, including four spacious 3-bedroom, 2.5-bathroom townhomes, six 2-bedroom, 2-bathroom units, and twenty-eight charming 1-bedroom, 1-bathroom units. With many of the units having stylish plank flooring, modern electric stoves, and the comfort of central heating and air conditioning. Nearly half of the AC units have already been upgraded for optimal efficiency. The building has undergone partial re-piping with copper. Additionally, the owner is currently replacing all electrical sub-panels inside the units. With rents still below market and the ability to modernize the units even further, Wilson Apartments and Townhomes offers investors value-add upside in arguably one of the best locations in the city. The property is in the Caltech neighborhood in Pasadena. This 38-Unit community is a premier asset which rarely comes to market in this absolute A+ location. Boasting an impressive 95 Walk Score—a true walker’s paradise, this coveted address places you just moments, from the charming Shoppes on South Lake, the esteemed Cal Tech Institute of Technology, and an array of Pasadena’s most beloved attractions, offering an unparalleled lifestyle of convenience and sophistication. Residents enjoy remote accessed gated subterranean parking, featuring 38 assigned, gated spaces. Additional amenities include elevator access from the parking, pool and onsite laundry facility. Best in class location coupled with the amenities, attracts renters ranging from students to professors to local area workforce employees. Looking ahead for investors, there are no requirements for soft story retrofit and SB 721 report has been completed. Whether you seek an exceptional investment opportunity or a property that blends comfort, and prime accessibility, Wilson Apartments and Townhomes is a rare Pasadena community, any astute investor should have interest.
Presented By: KEVIN LUTZ with Keller Williams Realty/Pasadena; 626-429-0685

Interior Features for 195 S Wilson Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories3

Other Rooms

Entry Level1

General for 195 S Wilson Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.08
Carport Y/NNo
CityPasadena
Community FeaturesCurbs, Pool
CoolingCentralAir
CountyLos Angeles
DirectionsE Del Mar Blvd & S Wilson Ave
Electric Expense8312.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense8327.0
Garage Spaces38.0
Garage Y/NYes
Gross Income18036.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense12202.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCashToNewLoan
Lot Size Square Feet21457.0
Lot Size UnitsSquareFeet
MLS Area648 - Pasadena (SE)
MaintenanceExpense71770.0
MobileHomeRemainsYNNo
Net Operating Income591314.0
New ConstructionNo
Number Of Units Total38
Number of Units Leased35
Operating Expense403219.0
Pool FeaturesCommunity
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot3
Taxes$158,774
Total Actual Rent83630.0
Trash Expense8993.0
ViewNone
Water Sewer Expense16623.0
Waterfront Y/NNo
Year Built1961
Year Built SourceAssessor
ZoningPSR4

Exterior for 195 S Wilson Avenue

Building Area Total36983.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesStreetLevel
Lot Size Acres0.4926
Lot Size Area21457.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters38
Number of Separate Gas Meters38
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesGated
Pool Charge3355.0
Private PoolNo
SpaNo
Total Parking38.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $14,500,000
MLS#WS25081522
List Date 04/14/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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