Anaheim, CA 92801,1169 N Mayfair Avenue
Anaheim, CA 92801,1169 N Mayfair Avenue
Anaheim, CA 92801,1169 N Mayfair Avenue
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$965,000
Est. payment /mo
3 Beds
8,714 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC25266183

Bedrooms 3

Lot Size 8,714 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This property is for sale with the adjacent triplex, 1163 N Mayfair Avenue. Built in 1957, the subject property offers (2) side-by-side triplexes featuring a diverse unit mix comprised of (4) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units totaling 4,828 square feet. Situated on a large 17,428 square foot lot, 1163-1169 N Mayfair Avenue provides residents ample on-site parking with (6) garage parking spaces and (8) open parking spaces. Each unit also contains individual water heaters. Residents enjoy being located within proximity to the Anaheim Resort District, Platinum Triangle, and Downtown Anaheim which provide residents an abundance of shopping, entertainment, and dining options. 1163-1169 N Mayfair Avenue also benefits from being located within proximity to the I-5 and SR-91 freeways, which provides residents with ease of transportation throughout California and beyond. 1163-1169 N Mayfair Avenue also provides a new owner multiple paths to create and increase value. A new owner can take advantage of the 43% rental upside through modernization of the interiors to capture market rents. Additionally, the subject property also offers the opportunity to create value by converting the 570 square foot garages into ADUs (buyer to verify) turning the subject property from a 6-unit building to an 8-unit building creating more supply for the high demand rental market of Anaheim where 54% of residents rent.

Location

State CA

County Orange

Zoning Assessor

Direction 5 North, Exit Lincoln, Left on S West St, Right on W La Palma Ave, Left on N Mayfair Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 27101103

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange


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MLS Router / San Diego MLS
Listed by Paul Banke Kirklen Investment Group
Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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1169 N Mayfair Avenue