1118 1124 N Mayfair Avenue, Anaheim, CA, CA 92801

$4,195,000

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List Price
$4,195,000
Price Change
▼ $105,000 1783033305
Status
ACTIVE
MLS#
OC26052256
County
Orange
Year Built
1957
Building Square Feet
10,578
Square Feet
17,424
Days on Market
140
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Other

Property Description

1118 - 1124 North Mayfair Avenue is a 16-unit multifamily property situated on two adjacent parcels, each improved with an 8-unit building. The property features a desirable unit mix of 14 one-bed/one-bath units and 2 two-bed/one-bath units, appealing to a broad renter base and driving consistent rental demand. Current ownership has completed recent capital improvements to key building systems and select interiors, helping to reduce near-term maintenance requirements and supporting stable operations. New roofs were installed in 2020 and 2025, new water heaters were installed in 2020 and 2023, and the landscaping was fully updated in 2024. The property also offers ample parking with 12 garage spaces and 20 surface spaces, along with on-site laundry facilities that provide added convenience for residents. The property is located within walking distance of AHMC Anaheim Regional Medical Center, one of Anaheim’s largest employers. Residents also enjoy close proximity to major retail centers along Euclid Street and Harbor Boulevard, including Anaheim Plaza, Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center. 1118 - 1124 North Mayfair Avenue is ideally situated between Downtown Anaheim and Downtown Fullerton, providing convenient access to a wide variety of dining, entertainment, and nightlife options. In addition, State Route 91 and Interstate 5 are nearby, offering strong regional connectivity throughout Orange and Los Angeles Counties. This offering represents a compelling opportunity to acquire a stabilized asset with recent improvements, desirable unit layouts, and durable long-term income potential in a strong North Orange County rental market.

Additional Information

Parcel Number
27102207
Common Interest
Community Apartment
Gross Scheduled Income
$344,280
Operating Expense
120914
Net Operating Income
$220,038
Number of Buildings
2
Lot Features
Street Level
Garage Spaces Total
12
Sewer
Public Sewer
Water
Public
Community Features
Curbs, Gutter(s), Street Lights, Sidewalks

Listing courtesy of Listing Agent: Christian Tait (christian.tait@marcusmillichap.com) from Listing Office: Marcus & Millichap RE Invest.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.