Monrovia, CA 91016,826 S Mayflower AVE
$2,100,000
$2,490,000
15.7%
Est.Price: ?

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15 BD
10 BA
5,676 SqFt

826 S Mayflower AVE Monrovia, CA 91016

Est. payment /mo
SOLD DATE : 07/23/2025

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Key Details

Sold Price $2,100,000

Property Type Residential Income

Listing Status Sold

Purchase Type For Sale

Square Footage 5,676 sqft

Price per Sqft $369

MLS Listing ID 25507137

Bedrooms 15

Year Built 1955

Lot Size 0.297 Acres

Property Description

Fantastic opportunity to purchase a well maintained Monrovia apartment property that provides consistent and predictable rental income. 7 Units with 2 non-conforming units. Situated on a corner, the double lots combined are about 12,921 SF in total. With a variety of unit types, these apartments appeal to variety of renters. The building consists of two 3 Bed + 1 bath units; one 3 Bed + 2 bath unit; two 1 Bed + 1 bath units and 4 Studio + 1 bath units. There are a total of 8 gas and 8 electric meters, so the landlord pays the gas and electricity for the two legal, non-conforming units, which are 1 Bed units. On-site parking include covered carport and open spaces accommodates for a total of 12 vehicles. Much of the plumbing has been updated with copper, the electrical breakers have been updated and a complete NEW roof about 5 years ago. Five units have individual water heaters and the four studio units are supplied by one central water heater with gas paid for by the landlord. There is a former laundry room that can be made active again for on-site laundry and additional income. PLEASE DO NOT GO ONTO THE PROPERTY, TALK TO OR DISTURB THE TENANTS. DRIVE-BY ONLY. Broker/Agents make no guarantees or warranties regarding property unit count. Buyer to independently verify unit count accuracy.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORM*

Interior

Heating Wall Furnace

Exterior

Parking Features Detached Carport

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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CRMLS – RECore
Listed by Alexander Metaxas Realty Investment Advisors, Inc.
Bought with SERGE MAALOUF MGR REAL ESTATE, INC.

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agent

Trudy Kranz Whitney

Global Real Estate Advisor | License ID: 02056724

+1(760) 450-5839

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