Anaheim, CA 92801 1173 N Mayfair Avenue
$1,895,000
Pending
1 more
Presented By: Paul Espinosa with Morgan Skenderian; paul@morganskenderian.com
Baths • 1
SQFT • 5,028
Garage • 6
Home Details
Presenting a well-maintained 6-unit apartment complex in the heart of Anaheim, ideally positioned on a prominent corner lot. The property features a desirable unit mix of (4) spacious two bedroom/one bathroom units and (2) one bedroom/one bathroom units, totaling 5,028 rentable square feet. Tenants benefit from convenient amenities including an on-site laundry facility, individual hot water heaters, six private garages, and two open parking spaces. The property currently generates a solid 5.7% CAP rate with clear upside in rental income as units turnover. Significant capital improvements have been completed, reducing future maintenance costs and boosting long-term value. *All of the units are eligible for 8% rent increases effective April 1, 2026.
Presented By: Paul Espinosa with Morgan Skenderian; paul@morganskenderian.com
Interior Features for 1173 N Mayfair Avenue
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1173 N Mayfair Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.41
CityAnaheim
Community FeaturesBiking, Curbs, Park, Street Lights, Sidewalks
CoolingWall/Window Unit(s)
CountyOrange
DirectionsNorth of La Palma Boulevard and West of Harbor Boulevard
Electric Expense537
Entry LocationStreet
Fuel Expense109
Garage Spaces6
Garage Y/NYes
Gross Income152531
HOANo
HOA Fee$
Insurance Expense5028
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet9100
Lot Size UnitsSquare Feet
MLS Area79 - Anaheim West of Harbor
MaintenanceExpense5918
Net Operating Income107372
New ConstructionNo
Number Of Units Total6
Open Parking Spaces2
Operating Expense40583
Pool FeaturesNone
PostalCityANAHEIM
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameOther
Tax Lot15
Taxes$22,430
Trash Expense0
Water Sewer Expense3160
Year Built1957
Year Built SourceAssessor
ZoningMULTI FAM
Exterior for 1173 N Mayfair Avenue
Building Area Total5028
Lot Size Acres0.2089
Lot Size Area9100
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Private PoolNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
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