625 W Provential Drive,Anaheim, CA 92805
Anaheim, CA 92805
Description
The West Provential Apartments present a rare opportunity to acquire a well-maintained 8-unit multifamily asset in the heart of Anaheim, California. Comprised of two side-by-side four-unit buildings constructed in 1961, the property features a highly desirable unit mix of two spacious 2-bedroom/1-bath units and six 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 two 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.
Details
| MLS # | OC26098490 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 141 |
| Listing Provided By | Kirklen Investment Group | Jason Kirklen |
Features
| SQ Feet | 7,766 |
|---|---|
| Garage | 12 |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 2 |
| Acreage | 0.42 |
Interior
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Eleven To Fifteen Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Gutters, Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Anaheim |
| Zip Code | 92805 |
| Area | 699 Not Defined |
| Listing VS Median (in 92805) | |
Price: $3,550,000 low | high Med: $810,000 sqft: 7,766 low | high Med: 796 $ / sqft: $457 low | high Med: $1,018 On site: 141 low | high Med: 90 | |
Market Activity 92805
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Anaheim |
| Zip Code | 92805 |
| Area | 699 Not Defined |
| Listing VS Median (in 92805) | |
Price: $3,550,000 low | high Med: $810,000 sqft: 7,766 low | high Med: 796 $ / sqft: $457 low | high Med: $1,018 On site: 141 low | high Med: 90 | |
