72 El Nido Avenue Pasadena, CA 91107
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Cuong "Matt" Ly

  72 El Nido Avenue Pasadena, CA 91107

Sold (24 Days)
$1,550,000

Description

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.

MLS #:
AR23078409
Lot Size
0.37 acres
Type
Multifamily
Year Built
1937
Views
Neighborhood
County
Los Angeles County

Listed By

Cuong "Matt" Ly, DRE #01441481 CA, Coldwell Banker Realty
Bought with
Lillian Yin, Pinnacle Real Estate Group
Source
CRMLS
Last checked Aug 21 2025 at 1:24 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Common Area
  • Gas Range
Lot Information
  • 2-5 Units/Acre
Property Features
  • Foundation: Raised
Heating and Cooling
  • Wall Furnace
Flooring
  • Wood
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Assigned
Stories
  • 1
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.