
195 S Wilson Ave Pasadena, CA 91106
Playhouse Village NeighborhoodEstimated payment $88,058/month
Highlights
- Gated Parking
- 0.49 Acre Lot
- Community Pool
- Blair High School Rated A-
- No HOA
- 4-minute walk to Grant Park
About This Home
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.
Listing Agent
Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #00925595 Listed on: 04/14/2025

Co-Listing Agent
Keller Williams Realty/Pasadena Brokerage Phone: 626-429-0685 License #01237798
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.49 Acre Lot
- Two or More Common Walls
- Level Lot
Parking
- 38 Car Garage
- Parking Available
- Gated Parking
Home Design
- Apartment
Interior Spaces
- 36,983 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 5735023032
- $8,367 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 38 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- 36 Leased Units
- Rent Control
- 38 Separate Electric Meters
- 38 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $8,557
- Fuel Expense $8,673
- Gardener Expense $7,620
- Insurance Expense $13,559
- Maintenance Expense $73,308
- Other Expense $31,047
- Pest Control $864
- Pool Expense $3,050
- Professional Management Expense $70,354
- Trash Expense $9,124
- Water Sewer Expense $17,113
- New Taxes Expense $147,824
- Operating Expense $393,089
- Gross Income $18,036
- Net Operating Income $622,745
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/21/2025 07/21/25 | Price Changed | $13,500,000 | -6.9% | $365 / Sq Ft |
04/14/2025 04/14/25 | For Sale | $14,500,000 | 0.0% | $392 / Sq Ft |
03/05/2025 03/05/25 | Off Market | $2,200 | -- | -- |
01/18/2025 01/18/25 | Price Changed | $2,200 | +4.8% | $3 / Sq Ft |
01/17/2025 01/17/25 | Price Changed | $2,100 | 0.0% | $3 / Sq Ft |
01/17/2025 01/17/25 | For Rent | $2,100 | +7.7% | -- |
09/14/2022 09/14/22 | Price Changed | $1,950 | -1.3% | $3 / Sq Ft |
08/23/2022 08/23/22 | For Rent | $1,975 | -- | -- |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25081522

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