1118 1124 N Mayfair Avenue Anaheim, CA $ 4,400,000
1118 1124 N Mayfair Avenue
$ 4,400,000
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1118 1124 N Mayfair Avenue

Anaheim, CA, 92801
$ 4,400,000
Baths1.0 Sq 10,578

Monthly Estimate*

$ 27,092

Listed by Marcus & Millichap RE Invest
1118 1124 N Mayfair Avenue, Anaheim, CA 92801 - Image 1
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1118 1124 N Mayfair Avenue, Anaheim, CA 92801 - Image 13
Studio

Multi-Family Home for sale in Anaheim, CA

for $4,400,000 with 1 full bath. This 10,578 square foot home was built in 1957 on a lot size of 0.4.

1118 - 1124 North Mayfair Avenue is 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. New roofs were installed in 2020 and 2025, new water heaters were installed in 2020 and 2023, and the landscaping was fully updated in 2024. 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.

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Multi-Family Active

Price

$ 4,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4

Year Built

1957

Town/City

Anaheim

County/Region

Orange

MLS | Web ID

OC26052256

Days on Market

15

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 12
Pool Features None
Year Built 1957
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 347320
Community Features Curbs Gutter(s) Street Lights Sidewalks
Additional Parcels Description 27102206
County Orange
Net Operating Income 214040
Operating Expense 123070
Insurance Expense 16324
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 13600
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of North Mayfair Avenue & West La Palma Avenue
City Anaheim
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 20
Number Of Units Total 16
MLS Area 79 - Anaheim West of Harbor
Lot Size Units Acres
Lot Size Square Feet 17424
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 3393
Fuel Expense 3393
Trash Expense 3393
Water Sewer Expense 3393
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 32
Property Sub Type Additional Apartment
Taxes 49997
Cap Rate 4.86
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 32
Lot Size Area 0.4
Number of Buildings 2
Building Area Total 10578
Lot Size Acres 0.4
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 18
Number of Separate Electric Meters 18
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

christian.tait@marcusmillichap.com

Email

Affordability Calculator

$27,092
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Monthly Principal & Interest
$27,092
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$4,400,000 Listed Price

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1118 1124 N Mayfair Avenue, Anaheim, CA, 92801 is a Multi-Family Home for sale at $4,400,000 with 10,578 sqft and a lot size of 0.4. 1118 1124 N Mayfair Avenue is a studio with 1.0 baths and was built in 1957. The property's zip code is 92801 which is in Anaheim, CA