Pasadena, CA 91107,87 El Nido Ave
Pasadena, CA 91107,87 El Nido Ave
Pasadena, CA 91107,87 El Nido Ave
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$2,200,000
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6 Beds
6 Baths
2,816 SqFt
New

87 El Nido Ave Pasadena, CA 91107

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Jennifer Stuart

Jennifer Stuart

+1(702) 265-4498

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $781

MLS Listing ID 26640169

Bedrooms 6

Year Built 1941

Lot Size 0.252 Acres

Acres 0.2519

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning PSR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CBRE

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Jennifer Stuart

Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

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87 El Nido Ave