87 El Nido, Pasadena CA 91107 | $2,200,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 10974 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1941
  • MLS#: 26640169
  • Community: 648 - Pasadena (SE)

Listing provided courtesy of John Boyett of CBRE. Last updated 2026-02-19 09:10:59.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.25 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985