Seller's Agent in 2026
John Boyett
CBRE
(707) 815-7472
1 in this area
15 Total Sales
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.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | Sold | $1,951,000 | -11.3% | $693 / Sq Ft |
| 01/19/2026 01/19/26 | For Sale | $2,200,000 | -- | $781 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,402 | $1,237,608 | $743,078 | $494,530 |
| 2024 | $14,699 | $1,213,342 | $728,508 | $484,834 |
| 2023 | $14,575 | $1,189,552 | $714,224 | $475,328 |
| 2022 | $14,085 | $1,166,228 | $700,220 | $466,008 |
| 2021 | $13,520 | $1,143,362 | $686,491 | $456,871 |
| 2019 | $13,030 | $1,109,751 | $666,130 | $443,621 |
| 2018 | $13,200 | $1,087,998 | $653,069 | $434,929 |
| 2016 | $12,775 | $1,045,462 | $627,710 | $417,752 |
| 2015 | $12,631 | $1,029,759 | $618,282 | $411,477 |
| 2014 | $12,400 | $1,009,588 | $606,171 | $403,417 |
Seller's Agent in 2026
John Boyett
CBRE
(707) 815-7472
1 in this area
15 Total Sales
Source: The MLS
MLS Number: 26640169
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