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.
Listed by Christian Tait
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License #02111248
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Marcus & Millichap RE Invest
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christian.tait@marcusmillichap.com
Listed by Tyler Leeson
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License #01451551
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Marcus & Millichap RE Invest
Last updated March 10, 2026
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Source: CRMLS #OC26052256
Listing Facts
TypeMulti-family
NeighborhoodThe Colony
Days on Prevu5
Amenities
Parking
Location
Mortgage Calculator
Listing History
03/10/2026
Listed by Marcus & Millichap RE Invest
$4,400,000
Property Details for 1118 N Mayfair Avenue
Association
Amenities
Community Features: Curbs, Gutter(s), Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 16
Stories: 2
Stories Total: 2
Year Built: 1957
Common Walls: No Common Walls
Entry Level: 1
Entry Location: First level
Measurements
Building Area Total: 10,578
Building Area Units: Square Feet
Lot Features: Street Level
Lot Size Acres: 0.40
Lot Size Area: 0
Lot Size Source: Assessor
Lot Size Square Feet: 17,424
Lot Size Units: Acres
Financial
Residential Income
Cap Rate: 4.86
Gross Income: $347,320.00
Operating Expense: $123,070.00
Taxes
Parcel Number: 27102207
Other
Location
Subdivision Name: Other
Tax Lot: 32
Parking
Parking
Garage Spaces: 12
Garage: Yes
Open Parking Spaces: 20
Parking Total: 32
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1118 N Mayfair Avenue.
Does this multi-family home have parking?
Yes, there are 12 parking spaces available for 1118 N Mayfair Avenue.
How does 1118 N Mayfair Avenue compare to other multi-family homes in The Colony?
This multi-family home is listed 154% above the average price for multi-family homes in The Colony and has been on the market for 90 less days than the typical home in this area.
1118 N Mayfair Avenue is a -bedroom multi-family home for sale in Anaheim CA 92801. On Prevu for 5 days at $4,400,000. This property is located in The Colony. The median listing price for multi-family homes in this area is $1,299,000. The home offers parking. Browse more multi-family home listings in Anaheim.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.