72 El Nido Avenue
Pasadena, CA 91107
Sold
Discover a hidden gem in the heart of Southwest Pasadena with a house and 4-unit (5 units total) all single-story apartment complex. Nestled in a quiet residential area, this property boasts a spacious 3-bed, 2.5-bath house, one studio, and three 1-bed, 1-bath units on a generous 15,990 sq ft RM32 lot. The possibilities are endless with this unique and exciting investment opportunity. This property is zoned RM32 for possible development of an 8-9 unit project, and there is potential to convert the six single car garages to two ADUs. It's perfect for owner occupancy, where you can enjoy the beauty of the 3-bed, 2.5-bath house and earn additional income from the other 4 units. Conveniently located with easy freeway access and just minutes from Old Town, this property is highly desirable and in-demand for renters. It's also situated within a short distance from Pasadena City College, Cal Tech, The Rose Bowl, and the Rose Parade Route. Plus, you'll have easy access to all the fine restaurants on Colorado Boulevard. Whether you're looking to invest, develop, or live in this hidden gem, this property has limitless potential. Don't miss out on this rare opportunity to own a piece of Southwest Pasadena's best-kept secret.
PROPERTY INFORMATION
MLS # | AR23083355 | Lot Size | 15,990 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,695,000
Price Per SqFt: $ 106 |
DOM | 742 Days |
Address | 72 El Nido Avenue | Type | Land |
City | Pasadena | Sq.Ft. | 15,990 Sq. Ft. |
Postal Code | 91107 | Garage | N/A |
County | Los Angeles | Year Built | |
Bed / Bath | 0 / 0 | Parking | N/A |
Built In | Status | Closed | |
Sold Date | 2023-08-10 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,808
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
08/10/2023 | Sold | $1,550,000 |
06/12/2023 | Active Under Contract | $1,695,000 |
05/15/2023 | Listed | $1,695,000 |

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Listing provided courtesy of Matt Cuong Ly, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.