Pasadena, CA 91107,87 El Nido AVE
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Pasadena, CA 91107,87 El Nido AVE
Pasadena, CA 91107,87 El Nido AVE
Pasadena, CA 91107,87 El Nido AVE
Pasadena, CA 91107,87 El Nido AVE
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MaryLou Adame-Martinez

MaryLou Adame-Martinez

+1(949) 690-7149
$ 2,200,000
Est. payment /mo
Save
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87 El Nido AVE Pasadena, CA 91107

6 Beds

6 Baths

2,816 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,816 sqft

Price per Sqft $781

MLS Listing ID 26640169

Bedrooms 6

HOA Y/N No

Year Built 1941

Lot Size 0.252 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 648 - Pasadena (Se)

Zoning PSR3

Interior

Fireplace No

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5748016029

Special Listing Condition Standard

CRMLS – RECore
Listed by John Boyett CBRE
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Valentine Elementary School

    Public | KG - 5

  • 10

    Holly Avenue Elementary School

    Public | KG - 5

  • 9

    Carver Elementary School

    Public | KG - 5

  • 9

    Sierra Madre Elementary School

    Public | PK - 5

  • 9

    Baldwin Stocker Elementary School

    Public | KG - 5

  • 8

    Garfield Elementary School

    Public | KG - 8

  • 8

    Wilson Elementary School

    Public | KG - 5

  • 8

    Emperor Elementary School

    Public | KG - 6

  • 8

    Field (Eugene) Elementary School

    Public | KG - 5

  • 8

    Longden Elementary School

    Public | KG - 6

  • 8

    Cloverly Elementary School

    Public | 4 - 6

  • 7

    Hamilton Elementary School

    Public | PK - 5

  • 7

    Washington Elementary School

    Public | KG - 5

  • 7

    Hugo Reid Elementary School

    Public | KG - 5

  • 6

    Coolidge Elementary School

    Public | KG - 5

  • 6

    Daniel Webster Elementary School

    Public | PK - 5

  • 6

    Don Benito Fundamental School

    Public | PK - 5

  • 5

    Longfellow Elementary School

    Public | PK - 5

  • 5

    Norma Coombs Elementary School

    Public | KG - 5

  • 5

    Willard Elementary School

    Public | PK - 5

Middle Schools 14
  • 9

    Huntington Middle School

    Public | 6 - 8

  • 9

    Oak Avenue Intermediate

    Public | 7 - 8

  • 8

    Marshall Fundamental

    Public | 6 - 12

  • 8

    Sierra Madre Middle School

    Public | 6 - 8

  • 7

    Jefferson Middle School

    Public | 6 - 8

  • 4

    Wilson Middle School

    Public | 6 - 8

  • 2

    Charles W. Eliot Arts Magnet Academy

    Public | 6 - 8

  • 1

    Opportunities for Learning - Baldwin Park II

    Public | 7 - 12

  • 1

    Opportunities for Learning - Santa Clarita

    Public | 7 - 12

  • 0

    Southwestern Academy

    Private | 6 - 12

  • 0

    Excelsior School

    Private | 8 - 12

  • 0

    The Peace & Justice Academy

    Private | 6 - 12

  • 0

    Learning Works

    Public | 7 - 12

  • 0

    Rosemary School

    Private | 8 - 12

High Schools 8
  • 10

    San Marino High School

    Public | 9 - 12

  • 9

    Temple City High School

    Public | 9 - 12

  • 6

    Pasadena High School

    Public | 9 - 12

  • 0

    Rose City High (Continuation)

    Public | 9 - 12

  • 0

    Agbu Vatche and Tamar Manoukian High School

    Private | 9 - 12

  • 0

    Agbu Vatche & Tamar Manoukian High School

    Private | 9 - 12

  • 0

    La Salle High School

    Private | 9 - 12

  • 0

    Alverno High School

    Private | 9 - 12

School and business data provided by Attom Data.

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Team Mary Lou Adame-Martinez, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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87 El Nido AVE