Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,200,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 20 hours ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 87 El Nido Ave

General

  • Price: $2,200,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26640169
  • Updated: 1/19/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: Other

Parking

  • Garage Description: Other

Location

  • Area: Pasadena SE
  • County: Los Angeles
  • Driving Directions: On El Nido Ave

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 5
  • Stories/Levels: 0
  • Square Feet: 2,816
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1941
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.2519
  • Lot Size: 10974
  • Lot Size Source: Vendor Enhanced
  • Zoning: PSR3

Financial Considerations

  • Price Per Sq. Ft.: $781.25
  • Assessment Year: 1941

Disclosures and Reports

  • Disclosures/Reports: Other
  • APN: 5748-016-029

Listed by Cbre, John Boyett

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 87 El Nido Ave —

  • John Boyett

    Cbre

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 87 El Nido Ave

School District:Pasadena Unified School District
NameGradesDistance
Willard Elementary School, Pasadena, CA
301 Madre Street, Pasadena, CA 91107
K-50.5 mi
McKinley School
325 South Oak Knoll Avenue, Pasadena, CA 91101
K-52.7 mi
Pasadena High School
2925 East Sierra Madre Boulevard, Pasadena, CA 91107
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 87 El Nido Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Listed
$2,200,000
127.74%
MLS
3/01/2011
Sold
$966,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 87 El Nido Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,402
6%
$1,237,908
4%
2023
$14,575
3%
$1,189,852
2%
2022
$14,085
4%
$1,166,528
2%
2021
$13,520
4%
$1,143,662
1%
2020
$13,003
—
$1,131,939
2%
2019
$13,030
-1%
$1,109,451
2%
2018
$13,200
1%
$1,087,698
2%
2017
$13,049
2%
$1,066,371
2%
2016
$12,775
1%
$1,045,462
2%
2015
$12,631
2%
$1,029,759
2%
2014
$12,400
—
$1,009,588
—
2013
$12,399
—
$1,005,026
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 87 El Nido Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Cbre, John Boyett

Just Listed near 87 El Nido Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1305 Garfield Ave, South Pasadena, CA 91030 - Photo 1 Just Listed
$4,500,000

1305 Garfield Ave  South Pasadena, CA 91030

  • Single Family
  • Active
  • Updated 2 hours ago
  • 3
    Beds
  • 5
    Total Baths
  • 4,530
    Sq. Ft.
Listed by Darrell Done (CalRE#: 01233781) (626) 354-3551
2041 Primrose Ave, South Pasadena, CA 91030 - Photo 1 Just Listed
$1,449,000

2041 Primrose Ave  South Pasadena, CA 91030

  • Single Family
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,570
    Sq. Ft.
1202 Indiana, South Pasadena, CA 91030 - Photo 1 Just Listed
$1,408,000
Open House

1202 Indiana  #10  South Pasadena, CA 91030

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,650
    Sq. Ft.
814 Fair Oaks Ave, South Pasadena, CA 91030 - Photo 1 Just Listed
$2,800

814 Fair Oaks Ave  #B  South Pasadena, CA 91030

  • Commercial Lease
  • Active
  • Updated 4 days ago
  • 1,463
    Sq. Ft.

Price Reduced near 87 El Nido Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1406 Stratford, South Pasadena, CA 91030 - Photo 1 Price Reduced
-$80,001 (-5.06%)
$1,499,999

1406 Stratford  South Pasadena, CA 91030

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,333
    Sq. Ft.
1663 Gaywood Dr, Altadena, CA 91001 - Photo 1 Price Reduced
-$55,000 (-3.62%)
$1,465,000

1663 Gaywood Dr  Altadena, CA 91001

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 0.5337
    Acres
Listed by Linda Lam (CalRE#: 01706282) (626) 807-6553 and Matt Ly (CalRE#: 01441481) (626) 821-1216
3539 Monterosa Dr, Altadena, CA 91001 - Photo 1 Price Reduced
-$50,001 (-6.67%)
$699,999

3539 Monterosa Dr  Altadena, CA 91001

  • Lots/Land
  • Active
  • Updated 1 day ago
  • 0.2608
    Acres
1052 Concha, Altadena, CA 91001 - Photo 1 Price Reduced
-$20,000 (-3.33%)
$580,000

1052 Concha  Altadena, CA 91001

  • Lots/Land
  • Active
  • Updated 21 hours ago
  • 0.1722
    Acres

Recent Sales near 87 El Nido Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

934 El Campo Dr, Pasadena, CA 91107 - Photo 1 Sold
$2,050,000

934 El Campo Dr  Pasadena, CA 91107

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,725
    Sq. Ft.
934 El Campo Dr, Pasadena, CA - Photo 1 Sold
$2,050,000

934 El Campo Dr  Pasadena, CA

  • Lots/Land
  • Closed
  • 0.5904
    Acres
175 S Sierra Madre, Pasadena, CA 91107 - Photo 1 Sold
$2,330,000

175 S Sierra Madre  Pasadena, CA 91107

  • Multi-Family
  • Closed
  • Updated 5 days ago
3032 Wallingford Rd, Pasadena, CA 91107 - Photo 1 Sold
$1,958,000

3032 Wallingford Rd  Pasadena, CA 91107

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,110
    Sq. Ft.

87 El Nido Ave, Pasadena, CA 91107 (MLS# 26640169) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 87 El Nido Ave is currently listed for $2,200,000 and was received on January 19, 2026. Want to learn more about 87 El Nido Ave? Do you have questions about finding other Multi-Family real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

Tour this property