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Listed by Paul Espinosa • Morgan Skenderian
$ 1,970,000
Est. payment /mo
Active
1173 North Mayfair Avenue Anaheim, CA 92801
5,028 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,028 sqft
Price per Sqft $391
MLS Listing ID PW-25162231
Year Built 1957
Lot Size 9,100 Sqft
Property Sub-Type Apartment
Property Description
Presenting a well-maintained 6-unit apartment complex in the heart of Anaheim, ideally positioned on a prominent corner lot. The property features a desirable unit mix of (4) spacious two bedroom/one bathroom units and (2) one bedroom/one bathroom units, totaling 5,028 rentable square feet. Tenants benefit from convenient amenities including an on-site laundry facility, individual hot water heaters, six private garages, and two open parking spaces. The property currently generates a solid 5.4% CAP rate with clear upside in rental income as units turnover. Significant capital improvements have been completed, reducing future maintenance costs and boosting long-term value.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Zoning MULTI FAM
Interior
Fireplaces Type None
Laundry Community
Exterior
Parking Features Gated
Garage Spaces 6.0
Pool None
Community Features Biking, Curbs, Park, Sidewalks, Street Lights
Building
Lot Description Lot 6500-9999
Sewer Public Sewer
