701 N W Provential Drive, Anaheim, CA 92805
$1,775,000
Est. payment /mo
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4 Beds
3 Baths
9,150 Sqft Lot
New

701 N W Provential Drive Anaheim, CA 92805

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26128039

Bedrooms 4

Lot Size 9,150 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 propertys 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 Anaheims continued economic expansion and strong multifamily demand drivers. The surrounding area continues to attract a broa

Location

State CA

County Orange

Zoning Assessor

Direction 5 North Exit Ball

Interior

Heating Forced Air Unit

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 03618310

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange


MLS Router / San Diego MLS
Listed by Jason Kirklen, DRE#01939655 Kirklen Investment Group 

NEARBY SCHOOL & BUSINESS

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David Keefe

David Keefe

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+1(619) 246-5792

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701 N W Provential Drive