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Closed
- Listed price
- $935,000
- Listed Nov 1, 2019
- Sold price
- $913,700
- Sold Feb 14, 2020
6,525 sqft lot|1955 Built|30 MLS days on market
227 W Mayfair Ave, Orange, CA 92867
Property Description
Pleased to present an opportunity to acquire a three-unit income property located in Old Towne Orange, CA. Built in 1955 and EXTENSIVELY renovated in 2019, the property offers a good mix of 1 and 2 bedroom units with a large backyard and ample parking. Each unit features a one car garage and additional driveway parking. The Mayfair Apartments offers an investor the opportunity to purchase a fully occupied income property with STRONG rental upside and long-term tenants. The property is conveniently located walking distance to Chapman University and the historical Orange Circle Plaza with shopping and many restaurants just around the corner. The building has been outfitted to operate EFFICIENTLY with low expenses and new upgrades. The plumbing has been replaced and updated to PVC. The current CAP RATE is 4.7%, with the cash on cash return projected above 6%. A detailed sheet on All renovations is available at request.
Listing agent: Gary TolfaDRE #00955403gary@investmentpropertygroup.com, Listing office: Triqor Group
MLS data updated 10/31/2026, 3:48:12 AM PT
Source: CRMLSMLS #: PW19258776
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$913,700
Feb 14, 2020
Available records22019–2020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92867 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92867 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.