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33297665
33297666

195 S Wilson Avenue, Pasadena, CA 91106

KL
CA 00925595
KW Commercial Pasadena
David N. Schultz Inc
Listed by KW Commercial Pasadena, David N. Schultz Inc
$12,500,000
2 days on market
Updated 2 days ago

195 S Wilson Avenue

Details
APN 5735023032
Property Type Multifamily
Sub Type Apartment Building
Units 38
Cap Rate 5.11%
Buildings 1
Acreage 0.493
Zoning Public Rec

Multifamily | 5.11% CAP | 38 Units

Marketing 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 Pasadenas 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 wor
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Listing Contacts

KL
CA 00925595
KW Commercial Pasadena
David N. Schultz Inc
Listed by KW Commercial Pasadena, David N. Schultz Inc

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Additional Information

Name
Kevin Lutz
License
00925595
Brokerage
KW Commercial
Title
Real Estate Broker
Brokerage Address
199 South Los Robles Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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