171 N Wilson Avenue, Pasadena, CA 91106

242415168 34.148956 -118.12845 124 /listing/242415168-150152286/171-n-wilson-avenue-pasadena-ca-91106 False 0 8900000.0 105 AR19140493 False
  • $8,900,000
  • 19,839 lot
  • Est payment $47777.12/mo

Property & Neighborhood Info

Courtesy Of Handoko Chen, GIG Real Estate Inc.

Multi-Family in Pasadena

Monarch Terrace, a 20-unit luxury apartment community in one of the best locations in the City of Pasadena, California. This offering presents a rare opportunity for investor to acquire a well located, newer built, semi-upgraded luxury apartment community in one of the strongest sub-market in the West San Gabriel Valley. The property has very low vacancy history with waiting list due to its lower rents compared to other rental units in the area. The property is a newer construction that was built in 1987 and situated on a large ±19,898 SF lot (zoned High Density RM48). It has a total ±18,375 SF building size and boasts an excellent unit mix of nineteen (19) 2-bedroom and 2-bathroom units and one (1) 1-bedroom and 1-bathroom unit. Every unit has a private patio or balcony (five units have two private patios/balconies). Many ground floor units have large private patios. The end 4 units are in two separate buildings and do not share any common wall with other unit. Each unit has central A/C and heating, individual water heater, in-unit washer dryer, bright and spacious layout (some units have open concept layout), private patio/balcony, hardwood vinyl flooring, and other amenities. The property is separately metered for electricity and gas and has an additional private storage area for rent. It offers ample parking via a gated and secured subterranean parking area that provides 43 parking spaces.

Courtesy Of Handoko Chen, GIG Real Estate Inc.
  1. 19,839 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1987
  • Garage: 43.0
  • Floors: 2
  • County: Los Angeles County
  • Units: 20
  • Zoning: PSR4
  • MLS Number:AR19140493

Additional Features

  • Cooling:
    • Central Air
  • Laundry:
    • Dryer Included
    • Gas Dryer Hookup
    • Washer Hookup
    • Washer Included
  • Fireplace:
    • None
  • Common Walls:
    • 2+ common walls
  • Levels:
    • Two
  • Property Subtype:
    • Apartment
  • Water Source:
    • Public
  • Year Built Source:
    • Assessor
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 36-40 Units/Acre
    • Level
    • Level with Street
    • Lot 10000-19999 Sqft
    • Near Public Transit
    • Rectangular Lot
    • Sprinkler System
  • Pool Features:
    • None
  • Parking:
    • Assigned
  • Parking Spaces:
    • 43.00
  • Heating:
    • Central
  • Sewer:
    • Public Sewer
  • Utilities:
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • Phone Connected
    • Sewer Available
    • Water Connected
  • Community Features:
    • Valley
  • Number of Buildings:
    • 4
  • Gross Income:
    • 0.00
  • Net Operating Income:
    • 0.00
  • CDOM:
    • 17
  • Assessments:
    • Buyer to Verify
  • Special Conditions:
    • Standard
  • Tenant Pays:
    • Electricity
    • Gas
    • See Remarks
  • Fuel Exp:
    • 0.00
  • Gross Operating Income:
    • 0.00
  • Insurance Expense:
    • 0.00
  • Lot Size Acres:
    • 0.4554
  • Lot Size Area:
    • 19839.0000
  • Lot Size Square Feet:
    • 19839.00
  • Number Of Units Leased:
    • 20
  • Operating Expense:
    • 0.00
  • Price Per SQFT:
    • 475.05
  • Price Per Unit:
    • 445000
  • Tax ID:
    • 5738005098
  • Total Expenses:
    • 0.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Laura Thomas
Laura Thomas
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171 N Wilson Avenue Pasadena, CA 91106

242415168 34.148956 -118.12845 124 /listing/242415168-150152286/171-n-wilson-avenue-pasadena-ca-91106 False 0 8900000.0 105 AR19140493 False
  • $8,900,000
  • 19,839 lot
  • Est payment $47777.12/mo