Seller's Agent in 2025
Alexander Metaxas
Realty Investment Advisors, Inc.
(626) 487-4300
38 Total Sales
826 Mayflower Ave Monrovia, CA 91016
Monrovia Area
15
Beds
10
Baths
5,676
Sq Ft
0.3
Acre Lot
About This Home
As of July 2025Fantastic 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
Realty Investment Advisors, Inc. License #01784652 Listed on: 03/26/2025
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$883,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2007
Sold by
Bought by
Purchase Details
Closed on
Apr 26, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,000
Interest Rate
5.35%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,100,000 | Ticor Title | ||
| -- | None Available | ||
| -- | Ctc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $883,000 | ||
| Previous Owner | $515,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,216 | $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
-
Alexander Metaxas
-
Benjamin Hsiang
Seller Co-Listing Agent in 2025
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
75 Total Sales
-
S
Buyer's Agent in 2025
SERGE MAALOUF
MGR REAL ESTATE, INC.
Map
Source: The MLS
MLS Number: 25507137
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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