- For Sale $1,895,000
- Property Type Multi-Family
- Property Size 5,028 SF
- Units 6
- Lot Size 0.21 Acre
- Parking Spaces Avail. 6
- Building Class C
- Year Built 1957
- Date Updated May 3, 2026
Description
Anaheim is the economic and cultural heart of Orange County. With a population of approximately 347,000 and a rental occupancy rate of over 50%, Anaheim is a strong renter-driven market supported by consistent demand. The city boasts a median household income ranging from $76,000 to $89,000, and a median rent around $1,950/month, reflecting strong rental fundamentals with room for growth. Anchored by Disneyland Resort, Orange County’s largest employer, and complemented by major institutions like Kaiser Permanente, Honda Center, Angel Stadium, and the Anaheim Convention Center, the local economy benefits from a robust tourism and hospitality sector that draws over 25 million visitors annually. Anaheim also features the Anaheim Canyon business district, the largest industrial park in Orange County, offering a diverse employment base in healthcare, logistics, and manufacturing. This employment diversity provides a reliable tenant pool across income levels and job sectors. Investors benefit from a large, steady stream of working professionals, service employees, and seasonal staff looking for quality rental housing near their place of employment.
For real estate investors, Anaheim delivers the ideal combination of population density, rental demand, economic stability, and tourism-driven resilience making it one of Southern California’s most compelling markets for multifamily and income property investment.Presenting a well-maintained 6-unit apartment complex in the heart of Anaheim, ideally positioned on a prominent corner lot. The property features a desirable unit mix of four spacious 2BR/1BA units and two 1BR/1BA units, totaling 5,028 rentable square feet. Tenants benefit from convenient amenities including on-site laundry, individual hot water heaters, six private garages, and two open parking spaces. The property currently generates a solid 5.7% CAP rate with clear upside in rental income as units turnover. Significant capital improvements have been completed, reducing future maintenance costs and boosting long-term value. Located in a strong rental market with close proximity to major employment centers, schools, and freeways, this asset offers investors stable income, long-term appreciation potential, and the ability to further enhance value through rental growth. Anaheim’s robust tenant demand and investor-friendly fundamentals make this an ideal addition to any multifamily portfolio.
Highlights
- 5.7% CAP Rate on Current Rents
- 67% Two Bedroom Units
- Copper Plumbing
- Garages, On-Site Laundry
- New Garage Doors, Deck/Railings & Stairs, Irrigation & Landscaping, Newer Widows & Water Heaters
False
Contacts
Paul Espinosa
Morgan Skenderian Investment Real Estate Group
Location
Located at 1173 N Mayfair Avenue, Anaheim, CA 92801, this property is part of the Northwest Anaheim neighborhood and Orange County market.
Contact Listing Broker
Paul Espinosa
Morgan Skenderian Investment Real Estate Group