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Modern Multifamily Apartment Building
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171 N Wilson Ave, Pasadena, CA 91106

Newer construction multifamily property with central A/C, in-unit washer/dryer, and private patios or balconies for every unit.

Property Size18,375 SF
Lot Size0.46 Acres
Days on Market132

Property Features for 171 N Wilson Ave

General Information

Standard status Active
Size 18,375 SF
Total Parking Spaces 43
Lot size 0.46 Acres
Property subtype Multifamily
Zoning RM48

Additional Details

Multifamily Units 20

Amenities

private patio/balcony
central A/C and heating
individual water heater
in-unit washer dryer
hardwood vinyl flooring
gated secured subterranean parking
secured entrance
intercom system
security cameras
private storage area

Building Details

Year Built 1987
Tenancy Multi
Listing Agency: Growth Investment Group
Listed By: Handoko Chen · License #01749321
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 7:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group

Investment Insights

Based on property information with market context.

This newer construction apartment building was built in 1987 and includes 20 total units: nineteen 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit. Each unit features a private patio or balcony, central A/C and heating, an individual water heater, and in-unit washer/dryer. Interiors include hardwood vinyl flooring, with some units offering an open concept layout, and select units having two private outdoor areas. Additional on-site amenities include separately metered electricity and gas for the property, individual private storage area for rent, and a secured, gated subterranean parking setup with 43 parking spaces.

The property is located on a large lot and is zoned High Density RM48. It has a secured entrance with an intercom system and security cameras. Major capital improvements have been completed within the past 10 years, including exterior paint, updated lighting, new signage, and landscaping.

The end four units are split across two separate buildings and do not share a common wall with other units, offering additional privacy within the community.

Key Highlights

  • 1987‑built multifamily on a 19,898 SF lot zoned High Density RM48
  • Total building size of 18,375 SF with 20 units: nineteen 2BD/2BA and one 1BD/1BA
  • Every unit has a private patio or balcony; five units have two private patio/balcony areas

Property Analytics

Current Use

Monarch Terrace Apartments Apartment Complex

Suggested Use

Top Pick Butcher Veterinary Clinic Clothing & Fashion Store Mobile Phone Store Locksmith Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,985
Businesses Nearby

Demographics for 91106, CA

24,172
Population
11,809
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
2.7 sq mi
ZIP Area
8,953
Density / Sq Mi
$89,213
Median Household Income
$59,700
Median Earnings
$2,096
Median Rent
$966,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newer construction multifamily property with central A/C, in-unit washer/dryer, and private patios or balconies for every unit.
Where is this apartment building located?
The property is located at 171 N Wilson Ave Pasadena, CA.
What are key features of this property?
This property features: 1987‑built multifamily on a 19,898 SF lot zoned High Density RM48; Total building size of 18,375 SF with 20 units: nineteen 2BD/2BA and one 1BD/1BA; Every unit has a private patio or balcony; five units have two private patio/balcony areas
(626) 224-2495 Call to check price and availability
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