195 S Wilson Ave

Pasadena, CA 91106

$13,500,000
Price
6
Beds
52
Baths
36,983 Sq. Ft.
$365 / Sq. Ft.
36,983
Sq. Ft.
$365
per Sq. Ft.

Description

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...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 has replaced 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.
  1. Listed by KEVIN LUTZ • DRE #00925595 • Brokerage DRE #01444805 • Keller Williams Realty/Pasadena • 626-429-0685
  2. Listed by KEVIN HURLEY • DRE #01237798 • Brokerage DRE #01444805 • Keller Williams Realty/Pasadena

Property Details for 195 South Wilson Avenue

View
None
Parking Spaces Total
38
Private Pool
No
Cooling Type
Central Forced Air
Total Units
38.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
36983
LISTING UPDATED: 07/28/2025 03:50 AM

Property Details for 195 South Wilson Avenue

StatusActive
MLS #WS25081522
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty/Pasadena, KEVIN LUTZ, DRE #00925595; Keller Williams Realty/Pasadena, KEVIN HURLEY, DRE #01237798
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Building Information for 195 South Wilson Avenue

Building/Complex195 S Wilson AveFloor-Stories3Residences-Pet Policy-Pet Policy Details-Year Built1961Building Size-

Payment Calculator

$76,998 per month

30 year fixed, 6.845% Interest

Principal and Interest

$70,732

Property Taxes

$6,266

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 195 South Wilson Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $18,036
  • Gross Scheduled Income: $1,047,252
  • Vacancy Allowance: 31418
  • Gross Operating Income: $1,015,834
  • Net Operating Income: $622,745
  • Laundry Income: $3,984
  • Other Income Description: RUBS
  • Other Income 1: $17,700
  • Gross Multiplier: 12.89
  • Cap Rate: 4.61
Expense Details
  • Operating Expense: $343,089
  • New Taxes Expense: $147,824
  • Gardener Expense: $7,620
  • Fuel Expense: $8,673
  • Licenses Expense: $1,996
  • Pest Control Expense: $864
  • Pool Expense: $3,050
  • Electric Expense: $8,557
  • Insurance Expense: $13,559
  • Maintenance Expense: $73,308
  • Professional Management Expense: $70,354
  • Other Expense: $31,047
  • Other Expense Description: OTHER
  • Trash Expense: $9,124
  • Water Sewer Expense: $17,113
  • Total Expenses: $393,089
Tax / Assessment Info
  • Tax Tract Number: .
  • Tax Census Tract: 4635.00
  • CFD/Mello-Roos Fee: $8,367
  • Tax Lot: 3
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: front
  • View Description: None
  • Pool Features: Community
  • Pool: Community/Common
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 38
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 38
  • Parking: Yes
  • Parking Garage: Gated
  • Parking Garage Spaces: 38
  • Carport Spaces: 0
  • Parking Features: Gated
Unit Information
Unit 1
  • Unit Type Units Total: 28
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,070
  • Unit Type Total Rent: $57,951
  • Unit Type Pro Forma: 67200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,605
  • Unit Type Total Rent: $15,627
  • Unit Type Pro Forma: 18000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,961
  • Unit Type Total Rent: $11,842
  • Unit Type Pro Forma: 13800
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 36
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 38
  • Number Of Separate Gas Meters: 38
  • Number Of Separate Water Meters: 1

Property History for 195 South Wilson Avenue

DateEvent & SourcePriceAppreciation
Jul 21, 2025

Price Change

SDMLS #WS25081522

$13,500,000
Jul 21, 2025

Price Change

CLAW #WS25081522MR

$13,500,000
Jul 21, 2025

Price Change

CRMLS #WS25081522

$13,500,000
Apr 14, 2025

Listed (Active)

SDMLS #WS25081522

$14,500,000
Apr 14, 2025

Listed (Active)

CRMLS #WS25081522

$14,500,000
Apr 14, 2025

Listed (Active)

CLAW #WS25081522MR

$14,500,000
DateEvent & SourcePrice
07/21/2025

Price Change

SDMLS #WS25081522

$13,500,000
07/21/2025

Price Change

CLAW #WS25081522MR

$13,500,000
07/21/2025

Price Change

CRMLS #WS25081522

$13,500,000
04/14/2025

Listed (Active)

SDMLS #WS25081522

$14,500,000
04/14/2025

Listed (Active)

CRMLS #WS25081522

$14,500,000
04/14/2025

Listed (Active)

CLAW #WS25081522MR

$14,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 195 South Wilson Avenue

Taxable ValueLand$1,001,061Additions$5,102,124Total$6,103,185
Tax Record2024$75,196 ($6,266 / month)
Home Facts
Total Finished SqFt36,983 SqFtAbove Grade Finished SqFt36,983 SqFtLot Size21,457 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningPSR4CountyLOS ANGELESAPN5735-023-032

Schools near 195 South Wilson Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
McKinley School
PublicK to 8

Blair High School
Public6 to 12

Rose City High (Continuation) School
Public9 to 12

Marshall Fundamental School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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195 South Wilson Avenue is a multi-family home for sale in Pasadena, CA 91106. This property was listed for sale on April 14, 2025 by Keller Williams Realty/Pasadena, it's currently listed at $13,500,000. This listing's school district is Pasadena Unified School District. Nearby schools include McKinley School, Blair High School and Rose City High (Continuation) School. 195 South Wilson Avenue is a 6-bed, 52-bath, 36,983 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty/Pasadena, KEVIN LUTZ, DRE #00925595; Keller Williams Realty/Pasadena, KEVIN HURLEY, DRE #01237798

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.