1173 N Mayfair Avenue, Anaheim, CA for sale

Investment Overview

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 four spacious 2BR/1BA units and two 1BR/1BA units, totaling 5,028 rentable square feet. Tenants benefit from convenient amenities including on-site laundry, 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. Located in a strong rental market with close proximity to major employment centers, schools, and freeways, this asset offers investors stable income, long-term appreciation potential, and the ability to further enhance value through rental growth. Anaheim’s robust tenant demand and investor-friendly fundamentals make this an ideal addition to any multifamily portfolio.

Investment Highlights

• 5.7% CAP Rate on Current Rents
• 67% Two Bedroom Units
• Copper Plumbing
• New Garage Doors, Deck/Railings & Stairs, Irrigation & Landscaping, Newer Widows & Water Heaters
• Garages, On-Site Laundry