Millman Team Real Estate

$12,500,000
0.49 Acre Lot

195 S Wilson Avenue, Pasadena, California 91106

  • Residential Income Property Type
  • Gated Cars Garage
  • 1961 Year Built
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.

Basic Details
Residential Income
For Sale
WS26119866
$12,500,000
1961
0.49 Acre
Active
1
Apartment
Features
: Community
: Central
: Central Air
: Gated, Underground
: Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Pasadena
91106
Wilson
195
Avenue
W119° 52' 17.7''
N34° 8' 32.9''
S Wilson Ave & E Dexter St
648 - Pasadena (SE)
S
Additional Information
$0
$0
$0
$0
$0
36983
: Curbs, Pool
1
38.0
: Three Or More
: Street Level
38
2026-06-03
3
: Public
Broker/Agent Information
Keller Williams Realty/Pasadena
KEVIN LUTZ
Listing Information
Jennifer Bertolet
G81654
G6054
David N. Schultz
W76708
20277
Cash to New Loan
Active
2026-06-03T16:43:51Z
CRMLS
: Standard
2026-06-03T09:32:31Z
Agent info
Ray Millman
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