145 W Mayfair, Orange, California 92867, Orange, - bed, bath
ACTIVE$1,100,000
145 W Mayfair, Orange, California 92867
0Bed
0Bath
2,340Sqft
6,595Lot
Year Built
1955
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25240180
Home ConditionFair
Features
Patio
View-
About this home
Great investment opportunity with positive cash flow. Rare, triplex in highly desirable area of Orange. Located near Glassell St., south of Collins Ave. Only a few blocks from Chapman University. Single story units with a private, gated grass courtyard and all units have access to private, 1 car garages, plus an easy access driveway. The laundry room is equipped with coin operated washer and dryer, a wash sink and 3 water heaters, 1 for each unit. This property is only minutes away from Downtown Orange, various shopping centers, and multiple Freeway on-ramps.
Price History
Date
Event
Price
10/20/25
Listing
$1,100,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,340 | 3,458 | 50% |
| Lot Size | 6,595 | 7,144 | 50% |
| Price | $1.1M | $1.2M | 50% |
| Price per square foot | $470 | $377 | 50% |
| Built year | 1955 | 9775982 | 50% |
| HOA | |||
| Days on market | 15 | 28 | 50% |
Condition Rating
Fair
Built in 1955, this triplex is an older property. The exterior appears maintained for its age, and the presence of three relatively new water heaters indicates recent updates to essential systems. However, the complete absence of interior photos, especially of kitchens and bathrooms, strongly suggests these areas are likely original or have older, outdated renovations. The property is functional but shows its age and would likely require significant cosmetic updates to meet modern aesthetic standards.
Pros & Cons
Pros
Prime Investment Opportunity: Explicitly marketed as a 'Great investment opportunity with positive cash flow,' indicating strong financial potential for investors.
Highly Desirable Location: Situated in a 'highly desirable area of Orange,' just blocks from Chapman University, Downtown Orange, shopping centers, and freeway access, ensuring high tenant demand and convenience.
Rare Triplex Configuration: A 'rare, triplex' property offering multiple income streams from three distinct units, providing diversification and enhanced rental yield potential.
Valuable Tenant Amenities: Each single-story unit benefits from a private, gated grass courtyard, private 1-car garages, and dedicated water heaters, significantly enhancing tenant appeal and retention.
On-Site Laundry & Parking: Features a shared coin-operated laundry room for additional income and convenience, alongside ample parking with private garages and an easy-access driveway for all units.
Cons
Age of Property & Systems: Built in 1955, the property likely has older systems (plumbing, electrical, HVAC) and finishes, which may require significant capital expenditures for updates or increased maintenance costs in the near future.
Potentially Smaller Unit Sizes: With 2340 total square feet divided among three units, individual units are likely on the smaller side, which could limit appeal to tenants seeking more spacious living arrangements or larger families.
Shared Laundry Facility: While coin-operated, the shared nature of the laundry room might be less desirable for some tenants compared to private in-unit laundry, and requires common area management.