$12,500,000
195 S Wilson Avenue, Pasadena CA 91106
Multi-Family (38 Units)
Property type
13 days
On market
$338
Price per sqft
38 cars
Garage
1961
Year built
21,457 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: KEVIN LUTZ DRE #00925595 626-204-3475, Keller Williams Realty/Pasadena, Jennifer Bertolet DRE #01198189 818-240-1070, David N. Schultz
Listing updated: Jun 3, 2026 at 04:43pm.
Last checked: Jun 15, 2026 at 05:00am
Source: CRMLS #WS26119866
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 28 | 1 | 1 | 1 | $2,075 | $58,105 | $64,600 | Unfurnished |
| 6 | 2 | 2 | 1 | $2,624 | $15,741 | $17,400 | Unfurnished |
| 4 | 3 | 3 | 1 | $2,993 | $11,970 | $13,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 38
Separate Electric Meters: 39
Separate Gas Meters: 39
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 35
Total Actual Rent: $85,816
Financial Snapshot
Gross Rent Multiplier
11.8x
List Price / Annual Gross Rent
Cap Rate
5.11%
NOI / List Price
Gross Scheduled Income: $1,054,920
Vacancy Allowance: $31,648
Vacancy Allowance Rate: 3%
Operating Expense: $383,918
Net Operating Income: $639,354
Annual Operating Expenses
Electric: $10,240
Gardener: $7,135
Fuel: $9,071
Insurance: $15,243
Licenses: $1,957
Maintenance: $63,295
New Taxes: $140,077
Pool: $2,880
Professional Management: $69,415
Trash: $9,564
Water / Sewer: $20,482
Other Expense: $43,559
Interior
Cooling: Central Air
Heating: Central
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Street Level
Pool: Community
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Underground, Gated
Garage Spaces: 38
Uncovered Spaces: 0
Carport Spaces: 0
Parking Total: 38
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5735023032
Additional Parcels: No
Tax Lot: 3
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Pool