87 El Nido AV
Pasadena, CA, 91107
$2,200,000
6 Beds
6 Baths
2,816 SqFt
0.25 Acres
Add
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

Ask a Question

See this Listing

Send
  

Schools

Interior

Levels
A

Exterior

Financial

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

Map

Community

Market Summary

Current real estate data for Single Family in Pasadena as of Apr 06, 2026
325
Single Family Listed
61
Avg DOM
466
Avg $ / SqFt
$1,504,778
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 $466. The average listing price for Single Family in Pasadena is $1,504,778.

Similar Listings Nearby

broker reciprocity
MLS# P1-24296broker reciprocity
1165 Lake AV
Pasadena, CA

$2,800,000

2.9 miles away

broker reciprocity
MLS# AR26001885broker reciprocity
600 Baldwin CT
Sierra Madre, CA

$2,790,000

2.8 miles away

broker reciprocity
MLS# OC25241561broker reciprocity
2047 Carolwood
Arcadia, CA

$2,788,000

3.9 miles away

broker reciprocity
MLS# WS26051858broker reciprocity
608 Baldwin Court
Sierra Madre, CA

$2,780,000

2.9 miles away

broker reciprocity
MLS# PF26008520broker reciprocity
287 S Santa Anita
Pasadena, CA

$2,698,000

0.6 miles away

broker reciprocity
MLS# P1-26349broker reciprocity
1275 New York DR
Altadena, CA

$2,695,000

3.1 miles away

broker reciprocity
MLS# AR24226394broker reciprocity
516 Linwood AV
Monrovia, CA

$2,695,000

4.5 miles away

broker reciprocity
MLS# P1-26002broker reciprocity
2270 Melville DR
San Marino, CA

$2,688,000

1.9 miles away

broker reciprocity
MLS# WS26030163broker reciprocity
312 W Ralph ST
San Gabriel, CA

$2,680,000

4.7 miles away

broker reciprocity
MLS# TR24135943broker reciprocity
481 Lincoln AV
Pasadena, CA

$2,659,000

3.7 miles away

87 El Nido AV
Pasadena, CA