12
See all 12 photos
$965,000
Est. payment /mo
3 Beds
8,714 Sqft Lot
Active Under Contract
1169 N Mayfair Avenue Anaheim, CA 92801
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
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
Listed by Paul Banke Kirklen Investment Group
GET MORE INFORMATION