151 N Wilson Avenue Pasadena, CA ^$ 2,300,000

151 N Wilson Avenue

^$ 2,300,000

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151 N Wilson Avenue

Pasadena, CA, 91106

^$ 2,300,000

Studio Baths0.0 Sq 5,884

Monthly Estimate*

^$ 16,066

Listed by Kidder Mathews of California, Inc.

151 N Wilson Avenue, Pasadena, CA 91106 - Image 1

151 N Wilson Avenue, Pasadena, CA 91106 - Image 2

151 N Wilson Avenue, Pasadena, CA 91106 - Image 3

151 N Wilson Avenue, Pasadena, CA 91106 - Image 4

151 N Wilson Avenue, Pasadena, CA 91106 - Image 5

151 N Wilson Avenue, Pasadena, CA 91106 - Image 6

Studio

Commercial Property for sale in Pasadena, CA

for $2,300,000. This 5,884 square foot building was built in 1920 on a lot size of 0.2407.

151 N Wilson Ave is a charming 1920's vintage building with a mix of one and two-bedroom layouts. Only several of the units are renovated, offering a 33% potential increase in rental income after renovations. The Property benefits from a prime Playhouse District location, attractive unit mix, low vacancy rate and convenient amenities, making it an ideal investment in this vibrant neighborhood. CAN BE PURCHASED ALONG WITH 113 N GRAND OAKS AVE, PASADENA AND/OR 174 N MAR VISTA AVE, PASADENA.

Commercial Pending

Price

^$ 2,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.2407

Year Built

1920

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

24378351

Days on Market

Features

General

Zoning PSR4

HOA 0.0

Construction Materials Frame

Year Built 1920

Building Name 151 N Wilson

County Los Angeles

Net Operating Income 96606.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Possible Use MultiFamily

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions Two blocks east of major cross streets on Walnut & N Lake

City Pasadena

View Y/N N

Senior Community Y/N N

Open Parking Spaces 11.0

Total Units 10

MLS Area 648 - Pasadena (SE)

Lot Size Square Feet 10484.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Wilson

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 16

Standard Status Pending

Cap Rate 4.2

Exterior

Lot Features FrontYard

Total Parking 11.0

Lot Size Area 10484.0

Number of Buildings 2

Spa N

Building Area Total 5884.0

Lot Size Acres 0.2407

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features CommonArea

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 151

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(323) 202-9741

Phone

Affordability Calculator

$16,066

Per Month

Monthly Principal & Interest: $16,066
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Pasadena, CA

Average List Price ^$1,951,489

Percent of Sale Price 15%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$2,300,000		Listed Price

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151 N Wilson Avenue, Pasadena, CA, 91106 is a Commercial Property for sale at $2,300,000 with 5,884 sqft and a lot size of 0.2407. 151 N Wilson Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 91106 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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151 N Wilson Avenue

Commercial Property for sale in Pasadena, CA

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