Pasadena Turnkey Multifamily Investment
435 N Wilson Ave Pasadena, CA 91106
For Sale
Contact for pricing
Upgraded 16-unit apartment near Pasadena Playhouse and South Lake District.
Lot Size0.40 Acres
Days on Market891
Property Features for 435 N Wilson Ave
General Information
Standard status
Active
Lot size
0.40 Acres
Property subtype
Multifamily
Building Details
Year Built
1960
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #CA 01749321
Source:
Crexi
Added: Feb 19, 2024
Changed: Jul 6
Last Checked: Jul 29 at 6:38AM
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.
Located in Pasadena, the property at 435 N Wilson Ave features 16 upgraded apartment units. Situated near Pasadena Playhouse and the South Lake Ave District, the property consists of one single-story building with 6 units and one two-story building with the remaining 10 units. Constructed in 1960, the property sits on a high-density lot of approximately 17,367 square feet, which may allow for Additional Dwelling Units or future redevelopment. Each unit includes a private patio or balcony. The property has undergone renovations, including drought-tolerant landscaping with a center garden area, a new building façade, signage and exterior paint, a new parking gate and repainted railings, new unit patio fences, and new exterior lighting. The roof is well-maintained, and new dual-pane windows have been installed throughout. Interior upgrades include electrical and plumbing upgrades, wood vinyl and tile flooring in bathrooms, new windows, in-unit combo washer/dryers, mini-split HVAC systems, kitchens with quartz countertops, new kitchen cabinets, stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with vanities, toilets, bathtubs, and fixtures. One unit has a fireplace. Parking is provided by 17 carports. The property is separately metered for electricity and gas.
Key Highlights
- Turnkey, fully renovated (2022‑2023) 16‑unit apartment building in a highly desirable Pasadena location.
- Oversized, high‑density R4 lot (±17,367sf) offering potential for Additional Dwelling Units or future redevelopment (buyer to verify).
- Complete interior and exterior renovations, including new landscaping, building façade, windows, electrical, plumbing, kitchens, and bathrooms.
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Property Profile
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Frequently Asked Questions
What type of property is this?
Apartment building - Upgraded 16-unit apartment near Pasadena Playhouse and South Lake District.
Where is this apartment building located?
The property is located at 435 N Wilson Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $6,370,000.
What are key features of this property?
This property features: Turnkey, fully renovated (2022‑2023) 16‑unit apartment building in a highly desirable Pasadena location.; Oversized, high‑density R4 lot (±17,367sf) offering potential for Additional Dwelling Units or future redevelopment (buyer to verify).; Complete interior and exterior renovations, including new landscaping, building façade, windows, electrical, plumbing, kitchens, and bathrooms.
