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.
Listed by KEVIN LUTZ
·
License #00925595
·
Keller Williams Realty/Pasadena
·
626-429-0685
Listed by Jennifer Bertolet
·
License #01198189
·
Keller Williams Realty/Pasadena
Last updated June 03, 2026
·
Source: CRMLS #WS26119866
Listing Facts
TypeMulti-family
NeighborhoodGrant Park
Days on Prevu13
Amenities
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
06/03/2026
Listed by Keller Williams Realty/Pasadena
$12,500,000
Property Details for 195 S Wilson Avenue
Association
Amenities
Community Features: Curbs, Pool
Exterior
Construction
Number Of Units Total: 38
Property Attached: Yes
Stories Total: 3
Year Built: 1961
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Features
Pool Features: Community
Measurements
Building Area Total: 36,983
Building Area Units: Square Feet
Lot Features: Street Level
Lot Size Acres: 0.49
Lot Size Area: 21,457
Lot Size Source: Public Records
Lot Size Square Feet: 21,457
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.11
Gross Income: $25,128.00
Operating Expense: $383,918.00
Taxes
Parcel Number: 5735023032
Other
Location
Tax Lot: 3
Parking
Parking
Garage Spaces: 38
Garage: Yes
Parking Features: Underground, Gated
Parking Total: 38
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 195 S Wilson Avenue.
Does this multi-family home have parking?
Yes, there are 38 parking spaces available for 195 S Wilson Avenue.
How does 195 S Wilson Avenue compare to other multi-family homes in Grant Park?
This multi-family home is listed 56% above the average price for multi-family homes in Grant Park and has been on the market for 42 less days than the typical home in this area.
195 S Wilson Avenue is a -bedroom multi-family home for sale in Pasadena CA 91106. Available on Prevu for 13 days at $12,500,000. This home is located in Grant Park. The median listing price for multi-family homes in this area is $753,500. The home offers air conditioning, parking, and swimming pool. View other multi-family home listings in Pasadena.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.