826 S Mayflower Avenue, Monrovia, CA 91016 - Berkshire Hathaway HomeServices California Properties
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826 S Mayflower Avenue, Monrovia, CA 91016

$2,490,000 Approx. USD 15 beds, 10 baths
5,676 sqft
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Listing Agent


Alexander Metaxas | ametaxas@riacre.com
Lic#: 01784652
Broker: Courtesy of Realty Investment Advisors, Inc.

Co Listing Agent


Benjamin J. Hsiang | bhsiang@riacre.com
Lic#: 01438644
Broker: Courtesy of Realty Investment Advisors, Inc.

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
MLS# 25507137
Price: $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: 4/18/2025

 Days On Market (DOM): 44

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This listing belongs to the 639 - Monrovia MLS area

Lat/Long: 34.142646, -118.009293.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
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