1169 N Mayfair AVE new Save Request In-Person Tour Request Virtual Tour
Anaheim,CA 92801
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25266183
HOA Y/N No
Year Built 1957
Property Sub-Type Apartment
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 ADU's (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
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Exterior
Parking Features Door-Single,Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs,Gutter(s),Storm Drain(s),Sidewalks
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 27101103
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard