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$4,200,000

FOR SALE
Active

1138 1142 N Mayfair

Anaheim, CA

MLS# IV26166350

Apartment
104 days on marketNalren refreshed

Listing Agent

GURJEET BHATIA

Listing Agent

Acreage Real Estate

DRE #: 01895064

(909) 210-1570

Brokerage: Acreage Real Estate

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1957

Year Built

0.39 acres

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Private Pool
No
Exterior Features
Lighting
Fencing
Wrought Iron
Lot Features
Landscaped, Rectangular Lot, Sprinkler System, Yard

Building

Year Built
1957
Building Area Total
10,060
Levels
Two
Property Condition
Updated Remodeled
Stories Total
2

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Assigned, Carport, Detached Carport, Paved
Parking Total
12

Community / HOA

HOA
No
Association Fee
$0

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