$2,200,000

87 El Nido Avenue, Pasadena, CA 91107

  • 2,816 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $781/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

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.

Listing Status:
Active
Date Added:
January 19, 2026
Data Last Updated:
February 7, 2026 at 7:07PM
Listing Office:
Datashare CR Default Office Don't Delete :
Listing Agent:
John Boyett : 707-815-7472
MLS ID:
CL26640169
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: PSR35748016029
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of John Boyett , Datashare CR Default Office Don't Delete

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Willard Elementary School

301 Madre St, Pasadena, CA, 91107

Grades KG-5

0.48 miles away

C

Cis Academy

2925 E Sierra Madre Blvd, Pasadena, CA, 91107

Grades 6-12

1.22 miles away

C

Cis Academy

2925 E Sierra Madre Blvd, Pasadena, CA, 91107

Grades 6-12

1.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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