CA > Monrovia
Monrovia, CA 91016,826 S Mayflower AVE
Monrovia, CA 91016,826 S Mayflower AVE
Monrovia, CA 91016,826 S Mayflower AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,490,000
Est. payment /mo
15 Beds
10 Baths
5,676 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,676 sqft

Price per Sqft $438

MLS Listing ID 25507137

Bedrooms 15

HOA Y/N No

Year Built 1955

Lot Size 0.297 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 639 - Monrovia

Zoning MORM*

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Detached Carport

Attached Garage No

Total Parking Spaces 12

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8506008027

Financing Cash

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Alexander Metaxas • Realty Investment Advisors, Inc.

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