Monrovia, CA 91016,826 S Mayflower AVE

$2,100,000

Est. payment /mo

$2,490,000

15.7%
Est.Price: ?

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826 S Mayflower AVE Monrovia, CA 91016

15 Beds

10 Baths

5,676 SqFt

SOLD DATE : 07/23/2025

Key Details

Sold Price $2,100,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 5,676 sqft

Price per Sqft $369

MLS Listing ID 25507137

Sold Date 07/23/25

Bedrooms 15

HOA Y/N No

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

Fireplace No

Exterior

Parking Features Detached Carport

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8506008027

Financing Cash

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.
agent

Tom Masterani

Agent

+1(818) 613-4478

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