$4,300,000
-$100,0001118-1124 N Mayfair Avenue, Anaheim CA 92801
Multi-Family (16 Units)
Property type
87 days
On market
$407
Price per sqft
12 cars
Garage
1957
Year built
17,424 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Christian Tait DRE #02111248, Marcus & Millichap RE Invest, Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: May 22, 2026 at 06:31pm.
Last checked: Jun 3, 2026 at 11:30am
Source: CRMLS #OC26052256
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 14 | 1 | 1 | — | $24,200 | $24,200 | $27,300 | Unfurnished |
| 2 | 2 | 1 | — | $4,160 | $4,160 | $4,790 | Unfurnished |
# of Buildings: 2
# of Units Total: 16
Separate Electric Meters: 18
Separate Gas Meters: 18
Separate Water Meters: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
12.6x
List Price / Annual Gross Rent
Cap Rate
5%
NOI / List Price
Gross Scheduled Income: $340,320
Vacancy Allowance: $10,210
Vacancy Allowance Rate: 3%
Operating Expense: $121,934
Net Operating Income: $215,176
Annual Operating Expenses
Electric: $3,393
Fuel: $3,393
Insurance: $16,324
Maintenance: $13,600
New Taxes: $48,861
Professional Management: $15,170
Trash: $3,393
Water / Sewer: $3,393
Interior
Laundry: Common Area
Entry Location: First Level
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 12
Uncovered Spaces: 20
Parking Total: 32
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 27102207
Additional Parcels: Yes
Tax Lot: 32
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1118-1124 N Mayfair Avenue, Anaheim, CA 92801. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,440,000
Total Interest
$4,387,530
Total Payment
$7,827,530
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$26,372
per month
Property History for 1118-1124 N Mayfair Avenue
Anaheim Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92801.
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