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$2,490,000
83 Days On Site

826 S Mayflower Avenue
Monrovia, CA 91016

For Sale|Residential Income|Active Under Contract
15
Beds
10
Total Baths
5,676
SqFt
$439
/SqFt
1955
Built
County:
Los Angeles
Listed by Alexander Metaxas of Realty Investment Advisors, Inc. ametaxas@riacre.com
Call Now: 213.998.6500
Is this the listing for you? We can help make it yours.
213.998.6500
826 S Mayflower Avenue826 S Mayflower Avenue826 S Mayflower Avenue826 S Mayflower Avenue
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Monthly Payment (Est.)

$11,360
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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.

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Listing Snapshot
Price 
$2,490,000
Days On Site 
83 Days
Bedrooms 
15
Inside Area (SqFt) 
5,676 sqft
Total Baths 
10
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2966 Acres
Year Built 
1955
MLS® Number 
25507137
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
Acres 
0.2966
Number Of Stories 
2
Parking 
Detached Carport
Parking Spaces 
12
Special Circumstances 
Standard
SqFt Total 
5676
Stories 
Two
Zoning 
MORM*
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
639 - Monrovia


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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