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Back 87 El Nido Avenue
Off Market

87 El Nido Avenue

Pasadena CA 91107

6
6
2816 sq. ft.
10974 sq. ft.
Other
Last sold for $1,951,000
John BoyettJohn Boyett, last sold this property on 20 April 2026 after 90 days on market.

Overview

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.

Features

6 bedrooms
6 bathrooms
2816 sq. ft. floor area
10974 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 6 bedroom other properties sold in Pasadena over the last 12 months.

Property history for 87 El Nido Avenue

2026
Sold
$1,951,000
20 Apr 2026 by John Boyett, of CBRE

Happy sellers in Pasadena

100%
100% of sellers in Pasadena reported that their sale price either exceeded or met their price expectations.

Pasadena stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Pasadena over the last 12 months.

Local market activity for 6 bedroom other properties in Pasadena

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