$6,370,000 Price Analysis 435 N Wilson AvePasadena, CA 91106 16 bed 16 bath unknown SqFt ($0/SqFt) 0.4 acre lot. Built 1960 Listed 2024-02-19, Taxes $20,338 | Ⓧ USDA Ineligible due to price & location near Pasadena |
435 N Wilson Ave, a turnkey and beautifully upgraded 16 units apartment within walking distance to Pasadena Playhouse and South Lake Ave District in the highly desirable City of Pasadena. Situated in the heart of Pasadena, steps away from the vibrant Old Town, this property benefits from an enviable location that attracts a diverse range of tenants. Situated on an oversized high-density lot, the property offer an investor the rare opportunity to own a turnkey apartment with future development opportunity in an extremely good location in Pasadena. The property has been completely renovated with permits (between 2022-2023 buyer to verify). It was built in 1960 and consists of 1 single-story building and 1 two-story building. It is situated on an oversized 17, 367sf High Density R4 Lot. This high-density lot provides a clear opportunity for Additional Dwelling Units or future redevelopment opportunity (buyer to verify). The single-story building consists of 6 units.
The first unit has a fireplace. The 2-story building consists of the remaining 10 units. Each unit has a sizable private patio or balcony. Top-to-bottom renovations were completed recently on the property, which includes brand new drought tolerant landscaping with center garden area, new building faade, signage and exterior paint, new parking gate and repainted railings, new unit patio fences, new exterior lighting, well-maintained roof, new dual pane windows throughout and much more. Interior upgrades were completed to each unit, which includes full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher and refrigerator) nd new bathrooms with new vanities, toilets, bathtubs and name brand fixtures. The ownership spent a significant amount of time and capital in relocating the previous tenants and completely upgraded the exterior and interior of the property, making this a turnkey investment for the new owner. The property is separately metered for electricity and gas. Parking is provided by 17 carports in the back; there is no soft-story parking required.
Presented by Han Chen at
Growth Investment Group Pasade.
Property MLS #AR24034803 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $364,907 + $1,216,367 $1,581,274 | $20,338 |
2021 | $357,752 + $1,192,517 $1,550,269 | $19,198 |
2020 | $354,084 + $1,180,290 $1,534,374 | $18,496 |
2019 | $347,142 + $1,157,148 $1,504,290 | $18,519 |
2018 | $340,336 + $1,134,459 $1,474,795 | $18,876 |
2017 | $333,663 + $1,112,215 $1,445,878 | $18,653 |
2016 | $327,121 + $1,090,407 $1,417,528 | $18,269 |
2015 | $322,208 + $1,074,029 $1,396,237 | $18,180 |
2014 | $315,897 + $1,052,991 $1,368,888 | $17,909 |
2013 | $314,470 + $1,048,233 $1,362,703 | $17,892 |
2012 | $308,304 + $1,027,680 $1,335,984 | $17,721 |
2010 | $302,259 + $1,007,530 $1,309,789 | $4,416 |
2009 | $145,063 + $31,009 $176,072 | $4,319 |
2009 | $144,719 + $30,935 $175,654 | $4,319 |
2008 | $142,219 + $30,401 $172,620 | $4,105 |
2007 | $139,431 + $29,805 $169,236 | $3,883 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.