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505 N Wilson Ave
Pasadena, CA 91106
4 UNITS | 1979 CONSTRUCTION | ALL 2 BD + 1 BT · Multifamily Property For Sale
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4 Units
Investment Highlights
- A great investment opportunity in desirable Pasadena neighborhood | Short drive to Pasadena City College | Minutes to Old Town Pasadena
- Excellent unit mix of spacious 2 bedroom + 1 bathroom in all units
- Strong in place rents with realistic rental upside potential for growing income in the future
- Being offered for sale for the first time in 25 years | Situated close to the South Lake Avenue's shopping district, CalTech, and the Rose Bowl
- Newer 1979 construction with central A/C & Heat, and laundry hook-ups in each unit
- Secured parking, secured entry and quick access to the 134 & 210 freeways
Property Facts
| No. Units | 4 | Building Size | 3,828 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1979 |
| Lot Size | 0.17 AC | Parking Ratio | 3.66/1,000 SF |
| Zoning | PSR3 - PSR3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,828 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 3.66/1,000 SF |
| Zoning | PSR3 - PSR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,168 | - |
Property Taxes
| Parcel Number | 5732-012-056 | Improvements Assessment | $1,020,000 |
| Land Assessment | $714,000 | Total Assessment | $1,734,000 |
Property Taxes
Parcel Number
5732-012-056
Land Assessment
$714,000
Improvements Assessment
$1,020,000
Total Assessment
$1,734,000
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