195 S Wilson AVE, Pasadena, CA 91106
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195 S Wilson AVE, Pasadena, CA 91106
195 S Wilson AVE, Pasadena, CA 91106
195 S Wilson AVE, Pasadena, CA 91106
195 S Wilson AVE, Pasadena, CA 91106
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$ 12,500,000
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195 S Wilson AVE Pasadena, CA 91106

0.49 Acres Lot


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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26119866

HOA Y/N No

Year Built 1961

Lot Size 0.493 Acres

Property Sub-Type Apartment

Property Description

The Wilson Apartments and Townhomes 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. This coveted address places you near 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. This apartment and townhome 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 and the owner has recently completed replacing all electrical subpanels
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. Secure Parking, Modern Amenities, and Unmatched Tenant Appeal 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 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.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Common Area

Exterior

Parking Features Underground, Gated

Garage Spaces 38.0

Garage Description 38.0

Pool Community

Community Features Curbs, Pool

Total Parking Spaces 38

Private Pool No

Building

Lot Description Street Level

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5735023032

Energy Description 9071.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard


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Listed by KEVIN LUTZ Keller Williams Realty/Pasadena 626-429-0685, DRE #00925595

NEARBY SCHOOLS & PROPERTIES

Rita Antashkevich

Rita Antashkevich

Advisor | License ID: 02214781

+1(818) 482-3111

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195 S Wilson AVE