$1,970,000

1173 N Mayfair Avenue, Anaheim, CA 92801

  • 5,028 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $392/sqft
  • Property List Date Icon Listed 4 months ago

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. *All of the units are eligible for 8% rent increases effective April 1, 2026.

Listing Status:
Active
Date Added:
July 18, 2025 at 05:00AM
Listing Office:
Morgan Skenderian : 949-251-8800
Listing Agent:
Paul Espinosa :
MLS ID:
CRPW25162231
  • Laundry: Common Area
  • A/C: Wall/Window Unit(s)
  • HOA Amenities: 0.0
  • County: Orange
  • Zoning: MULT27101102

This listing courtesy of Paul Espinosa, Morgan Skenderian

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Brookhurst Junior High School

601 N Brookhurst St, Anaheim, CA, 92801

Grades 7-8

1.85 miles away

A

Anaheim High School

811 W Lincoln Ave, Anaheim, CA, 92805

Grades 9-12

1.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby