1128 N Mayfair Ave. Avenue, Anaheim, CA 92801
- $1,842,000
- Sold Price
- $1,842,000
- List Price
- $1,945,000
- Closing Date
- Aug 26, 2024
- Status
- CLOSED
- MLS#
- OC24118865
- Year Built
- 1957
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- Garden
- Days on Market
- 45
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
This prime Anaheim 6-plex features all 2-bedroom / 1-bath units, and offers over 30% upside potential with no local rent control ordinances (only subject to CA state laws). What makes this an even more attractive investment are the recent capital improvements, totaling over $120,000. These upgrades include new vinyl windows, fresh paint, updated heating systems, and previously installed copper plumbing. Additionally, all units are equipped with washer/dryer hookups and individual water heaters. The property includes six carports at the rear, with the potential to add two more open parking spaces for additional income. Don’t miss out on this exceptional investment opportunity!
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $125,172
- Operating Expense
- 42596
Listing courtesy of Listing Agent: Pat Swanson (pat.swanson@colliers.com) from Listing Office: Pat Swanson.
Listing sold by Pat Swanson from Pat Swanson
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.