$2,100,000
SOLD JUL 23, 2025

826 Mayflower Ave Monrovia, CA 91016

15 Beds
10 Baths
5,676 Sq Ft
291,451,968 Sq Ft Lot

Recently Sold

$370 Per Sq Ft

16% Below List Price

45 Days on Market

Highlights

  • Detached Carport Space
  • Monrovia High School Rated A
  • 3-minute walk to Lucinda Garcia Park

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652 Listed on: 03/26/2025

Co-Listed By

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644

Last Buyer's Agent

SERGE MAALOUF

MGR REAL ESTATE, INC. License #01932248

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 12,921 Sq Ft Lot
  • Lot Dimensions are 42x155

Interior Spaces

  • 5,676 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 10 Bathrooms

Parking

  • 12 Parking Spaces
  • Detached Carport Space

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 8506-008-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 5676
  • Lot Acreage: 0.1536
  • Lot Dimensions: 42x155
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 10.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 438.69

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 12

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 82.09
  • Assessed Improvement Value: 526374
  • Assessed Land Percent: 17.91
  • Assessed Land Value: 114827
  • Total Assessed Value: 641201
  • Assessor Parcel Number: 8506-008-027
  • Lot Size Area: 12921

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.63
  • Number Of Units: 9
  • Type Of Units: 3B, 1Stu, 1B
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2025 07/23/25 Sold $2,100,000 -15.7% $370 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $2,490,000 -- $439 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,920 $654,024 $117,123 $536,901
2024 $10,920 $641,201 $114,827 $526,374
2023 $10,702 $628,629 $112,576 $516,053
2022 $10,431 $616,304 $110,369 $505,935
2021 $10,216 $604,220 $108,205 $496,015
2019 $9,809 $586,900 $104,997 $481,903
2018 $9,592 $575,405 $102,939 $472,466
2016 $9,122 $552,487 $98,943 $453,544
2015 $8,943 $544,189 $97,457 $446,732
2014 $8,893 $533,530 $95,548 $437,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25507137

The MLS
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