135 North Wilson Avenue

Pasadena, CA 91106

$3,175,000
Last Sold Price
18
Beds
12
Baths
8,165 Sq. Ft.
$389 / Sq. Ft.
8,165
Sq. Ft.
$389
per Sq. Ft.

Description

Pleased to present the opportunity to acquire 135 N Wilson Ave a 12 unit multifamily investment property located in Pasadena, CA. Situated on a 10,000 square foot lot, the 8,165 square foot property of 12 units with A/C consisting of 8 - 2 bedroom units, 2 - one-bedroom units and 2 Studios and offers 12 covered parking, and on-site laundry. Less than one mile from the Gold Metro Line Pasadena Station, Walk to Target, Trader Joe’s and Pasadena City College with convenient access to a variety of grocers,...Pleased to present the opportunity to acquire 135 N Wilson Ave a 12 unit multifamily investment property located in Pasadena, CA. Situated on a 10,000 square foot lot, the 8,165 square foot property of 12 units with A/C consisting of 8 - 2 bedroom units, 2 - one-bedroom units and 2 Studios and offers 12 covered parking, and on-site laundry. Less than one mile from the Gold Metro Line Pasadena Station, Walk to Target, Trader Joe’s and Pasadena City College with convenient access to a variety of grocers, retailers, dining, and entertainment options in down town Pasadena. Residents commute to other cities for work, the subject property’s close proximity to Interstate 210 will help to attract a wide variety of renters. Family operated investment with rents far below market rates. Great up side potential.
  1. Listed by ROBERT BODKIN • DRE #00543199 • Brokerage DRE #00543199 • BODKIN CO., REALTORS

Property Details for 135 North Wilson Avenue

Architectural Style
Contemporary
View
None
Parking Spaces Total
24
Private Pool
No
Cooling Type
Wall/Window
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of BODKIN CO., REALTORS, ROBERT BODKIN, DRE #00543199

Sold By BODKIN CO., REALTORS, ROBERT BODKIN, DRE #00543199

Add your commute
LISTING UPDATED: 05/13/2021 08:32 AM

Property Details for 135 North Wilson Avenue

StatusClosed
MLS #WS20154173
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.23 AC / 10,000 SF
CountyLos Angeles County

Location

Listing Courtesy of BODKIN CO., REALTORS, ROBERT BODKIN, DRE #00543199

Sold By BODKIN CO., REALTORS, ROBERT BODKIN, DRE #00543199

Add your commute

Building Information for 135 North Wilson Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.23 AC / 10,000 SF

Payment Calculator

$20,592 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,327

Property Taxes

$3,265

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 135 North Wilson Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $204,588
  • Gross Spendable Income: $159,716
  • Gross Equity: $3,698,000
  • Vacancy Allowance: 4092
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $200,496
  • Net Operating Income: $159,716
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $600
  • Gross Multiplier: 16.0
  • Cap Rate: 5.0
  • Financing: Owner Carried
Expense Details
  • Operating Expense: $40,780
  • Operating Expense Percent: 20.00%
  • New Taxes Expense: $40,000
  • Gardener Expense: $1,836
  • Fuel Expense: $0
  • Electric Expense: $1,190
  • Insurance Expense: $4,065
  • Maintenance Expense: $9,687
  • Professional Management Expense: $0
  • Trash Expense: $21,477
  • Water Sewer Expense: $4,500
  • Supplies Expense: $1,152
  • Total Expenses: $83,907
Tax / Assessment Info
  • Tax Tract Number: Hull
  • Tax Census Tract: 4623.02
  • Tax Lot: 2
Community / Development
Community / Development
  • Accessibility Features: Parking
  • Disability Access: Other Main Level Modifications
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs
Property / Structure Info
Interior Features
  • Room Type: Kitchen
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Flooring: Carpet
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 36-40 Units/Acre
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Connected
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: 220 Volts in Laundry
  • Water Source: Public
Parking Info
  • Garage Spaces: 12
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 12
  • Carport Spaces: 12
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,595
  • Unit Type Total Rent: $1,595
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $930
  • Unit Type Total Rent: $930
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $925
  • Unit Type Total Rent: $925
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,595
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 12
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,340
  • Unit Type Total Rent: $1,340
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,355
  • Unit Type Total Rent: $1,355
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 3
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,235
  • Unit Type Total Rent: $1,235
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 4
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 5
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 6
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,340
  • Unit Type Total Rent: $1,340
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 7
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,105
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 8
Unit 12
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,495
  • Unit Type Total Rent: $1,495
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1
  • Number With Range: 12
  • Number With Carpet: 12
  • Number With Patio: 1
  • Number Wall AC: 12

Property History for 135 North Wilson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 135 North Wilson Avenue

Taxable ValueLand$2,314,890Additions$991,820Total$3,306,710
Tax Record2023$39,178 ($3,265 / month)
Home Facts
Total Finished SqFt8,165 SqFtAbove Grade Finished SqFt8,165 SqFtLot Size10,024 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningPSR4CountyLOS ANGELESAPN5738-005-003

Schools near 135 North Wilson Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 12
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
McKinley School
PublicK to 8

Blair High School
Public6 to 12

Rose City High (Continuation) School
Public9 to 12

Marshall Fundamental School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BODKIN CO., REALTORS, ROBERT BODKIN, DRE #00543199

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.