826 S Mayflower Avenue, Monrovia, CA 91016 - Berkshire Hathaway HomeServices California Properties
826 S Mayflower Avenue Monrovia, CA 91016
$2,490,000 15 beds, 10 baths
5, 676 sqft

Agent Remarks

Fantastic opportunity to purchase a well maintained Monrovia apartment property that provides consistent and predictable rental income. PLEASE NOTE: The property consists of 7 units plus 2 legal, non-conforming units for a total of 9 rental units (Buyer to verify). 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.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25507137
List price is $2,490,000
Beds: 15
Baths: 10
Built in 1955
5,676 sqft
2 stories
0.30 acres
Lot size: 0.2966
County: Los Angeles
Zoning: MORM*
Parking description: Detached Carport
Heating description: Wall Furnace
MLS area: 639 - Monrovia

Last Updated: 5/12/2025

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This listing belongs to the 639 - Monrovia MLS area

Lat/Long: 34.142646, -118.009293.
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Listing Agent: Alexander Metaxas
Co Listing Agent: Benjamin J. Hsiang
Lic#: 01234982
Office Name: Mission Viejo

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