Properties

Pasadena, CA 91107 87 El Nido Avenue

87 El Nido Avenue Pasadena, CA - Image 187 El Nido Avenue Pasadena, CA - Image 287 El Nido Avenue Pasadena, CA - Image 3
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Presented By: John Boyett with CBRE;
  • MLS# 26640169
  • 01/19/2026
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  • Beds • 6
  • Baths • 6
  • SQFT • 2,816

Home Details

We are pleased to present a rare opportunity to acquire 87 El Nido Ave, a well-maintained 6-unit apartment building. Ideally positioned between Colorado Blvd and Del Mar Blvd Avenue, this property is situated in the highly sought-after Pasadena rental market a prime location with strong tenant demand.Spanning a 10,971-square-foot lot with 2,816 square feet of gross building area, the property features a highly desirable unit mix of (6) one-bathroom units offering significant rental income potential. The average unit size is469 square feet. Residents enjoy access to premium amenities including in-unit laundry, air conditioning and assigned garage parking.Built in 1941, the properties current rents are approximately 22% below market, presenting a compelling value-add opportunity for investors.Pasadena's strong employment base and consistent demand for quality rental housing further enhance the investment appeal.
Presented By: John Boyett with CBRE;

Interior Features for 87 El Nido Avenue

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Total Stories

General for 87 El Nido Avenue

CityPasadena
CountyLos Angeles
DirectionsOn El Nido Ave
Full Baths
Gross Income144434
HOANo
LevelsOne
Living Area2816
Lot Size Square Feet10974
Lot Size UnitsSquare Feet
MLS Area648 - Pasadena (SE)
Net Operating Income92623
New ConstructionNo
Number Of Units Total6
PostalCityPASADENA
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1941
ZoningPSR3

Exterior for 87 El Nido Avenue

Building Area Total2816
Lot Size Acres0.2519
Lot Size Area10974
Number of Buildings5
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,200,000
MLS#26640169
List Date 01/19/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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