1118-1124 N Mayfair Ave 16 Unit Apartment Building $4,400,000 ($275,000/Unit) 4.86% Cap Rate Anaheim, CA 92801

The Leeson Group of Marcus & Millichap is pleased to present 1118 - 1124 North Mayfair Avenue, a 16-unit multifamily property situated on two adjacent parcels, each improved with an 8-unit building. The property features a desirable unit mix of 14 one-bed/one-bath units and 2 two-bed/one-bath units, appealing to a broad renter base and driving consistent rental demand.
Current ownership has completed recent capital improvements to key building systems and select interiors, helping to reduce near-term maintenance requirements and supporting stable operations. The property also offers ample parking with 12 garage spaces and 20 surface spaces, along with on-site laundry facilities that provide added convenience for residents.
The property is located within walking distance of AHMC Anaheim Regional Medical Center, one of Anaheim’s largest employers. Residents also enjoy close proximity to major retail centers along Euclid Street and Harbor Boulevard, including Anaheim Plaza, Fullerton Metrocenter, Orangefair Marketplace, and Fullerton Town Center.
1118 - 1124 North Mayfair Avenue is ideally situated between Downtown Anaheim and Downtown Fullerton, providing convenient access to a wide variety of dining, entertainment, and nightlife options. In addition, State Route 91 and Interstate 5 are nearby, offering strong regional connectivity throughout Orange and Los Angeles Counties.
This offering represents a compelling opportunity to acquire a stabilized asset with recent improvements, desirable unit layouts, and durable long-term income potential in a strong North Orange County rental market.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent(s).*