Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

12

Building size

10,060 sqft

Lot size

17,198 sqft

Year built

1957

Stories

2

Garage spaces

0

Pool

None

View

Neighborhood

Status

Active

Days on market

0

MLS #

245502333

About this property

Affordable & Well maintained 12 Units with Amenities - Located in a well-established residential neighborhood, 1138 & 1142 N. Mayfair Avenue offers the opportunity to acquire two adjacent six-unit apartment buildings totaling 12 apartment units in a well-established Anaheim neighborhood. Situated on separate parcels, the property provides stable rental income and long-term investment potential in one of Orange County's strongest multifamily markets. Ideally located in central Anaheim, the property offers convenient access to Interstate 5 (± 1.5 miles), State Route 91 (±2.5 miles), and State Route 57 (±4.5 miles), providing excellent connectivity throughout Orange County and the greater Los Angeles area. The property's central location places residents just minutes from many of Anaheim's most popular destinations, including the Anaheim Packing District and Downtown Anaheim (both approximately ±3.5 miles), Disneyland Resort and Downtown Disney District (±4.5 miles), Anaheim GardenWalk (±4.8 miles), Knott's Berry Farm (±5.0 miles), Angel Stadium (±5.5 miles), Honda Center (±5.8 miles), Cal State Fullerton (±6.5 miles), and The Outlets at Orange (±7.0 miles). Surrounded by shopping, dining, schools, parks, and major employment centers, the property benefits from strong rental demand and an exceptional central location, making it an attractive investment opportunity with long-term growth potential. Additionally, it's less than a quarter mile from the Anaheim Regional Medical Center, a 228-bed Hospital with 24 hrs. Emergency Room. Long-Term Tenancy -Many residents have occupied their units for more than ten years, suggesting stable occupancy but also indicating that rents may be significantly below current market levels. Utility Structure - Residents pay their own gas and electricity through separately metered services, limiting owner operating expenses.

Location

1142 N Mayfair

Anaheim, Orange, CA, 92801