701 N W Provential Drive, Anaheim, CA 92805
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
701 N W Provential Drive,Anaheim, CA 92805
$1,775,000
- - Beds
- - Baths
- 3,883 sq. ft.
- Multi-family
- Active
Listed by: jason kirklen
Office: kirklen investment group949-942-1300
MLS#:OC26128039
Source:CRMLS
Price summary
- Price:$1,775,000
- Price per sq. ft.:$457.12
About this home
The West Provential Apartments present a rare opportunity to acquire a well-maintained 4-unit multifamily asset in the heart of Anaheim, California. Constructed in 1961, the property features a highly desirable unit mix of one spacious 2-bedroom/1-bath units and three 2-bedroom/1.5-bath townhouse-style units with private yards and fireplaces, creating strong tenant appeal in a supply-constrained rental market. The property benefits from an attractive low-density layout with expansive landscaped courtyards, twelve garage parking spaces, and an on-site laundry rooms, providing residents with convenience and long-term livability. Recent capital improvements including newer windows, doors, and roof systems help minimize near-term maintenance obligations while supporting continued rental growth and operational stability. Operational upside remains through the implementation of RUBS for trash and water reimbursement, as well as charging tenants for garage parking. Current ownership has not fully captured these ancillary income streams, allowing a new investor the opportunity to increase cash flow with minimal capital investment. Additionally, the property’s existing rents remain below projected market levels, supporting continued organic rental growth over time. Located within close proximity to Disneyland, major employment centers, retail amenities, and multiple freeway corridors including the 5, 91, and 57 Freeways, the asset is positioned to benefit from Anaheim’s continued economic expansion and strong multifamily demand drivers. The surrounding area continues to attract a broad renter base seeking affordable and centrally located housing within Orange County. With its strong in-place fundamentals, attractive unit mix, functional layout, and clear path to increased revenue, West Provential Apartments offers investors a compelling opportunity to acquire a stabilized Anaheim multifamily asset with meaningful upside potential and long-term ownership appeal. This may be purchased together with 625 W Provential....
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Home facts
- Year built:1961
- Listing ID #:OC26128039
- Added:10 day(s) ago
- Updated:June 22, 2026 at 10:27 AM
Rooms and interior
- Living area:3,883 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1961
- Building area:3,883 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,775,000
- Price per sq. ft.:$457.12
Parking
- Total parking spaces:6
- Parking description:Assigned, Door-Multi, Garage
- Garage:Yes
- Garage spaces:6
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