87 El Nido AV
Pasadena, CA, 91107
$2,200,000
6 Beds
6 Baths
2,816 SqFt
0.25 Acres
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MLS #26640169 image #0
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.

Property Details

Price:
$2,200,000
MLS #:
26640169
Status:
Active
Beds:
6
Baths:
6
Type:
Single Family
Neighborhood:
648pasadenase
Listed Date:
Jan 27, 2026
Finished Sq Ft:
2,816
Total Sq Ft:
2,816
Lot Size:
10,974 sqft / 0.25 acres (approx)
Year Built:
1941
648 – Pasadena (se)648pasadenase

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Financial

Gross Operating Income
$140,521
Net Operating Income
$92,623

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Community

Market Summary

Current real estate data for Single Family in Pasadena as of Feb 03, 2026
294
Single Family Listed
46
Avg DOM
391
Avg $ / SqFt
$1,307,817
Avg List Price

Property Summary

    87 El Nido AV Pasadena CA is a Single Family for sale in Pasadena, CA, 91107. It is listed for $2,200,000 and features 6 beds, 6 baths, and has approximately 2,816 square feet of living space, and was originally constructed in 1941. The current price per square foot is $781. The average price per square foot for Single Family listings in Pasadena is $391. The average listing price for Single Family in Pasadena is $1,307,817.

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87 El Nido AV
Pasadena, CA