The Boyett Team at CBRE is 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 is 469 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.