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Listed by Jason Kirklen, DRE #01939655 • Kirklen Investment Group
$1,775,000
Est. payment /mo
9,150 Sqft Lot
Active
701 N W Provential DR Anaheim, CA 92805
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26128039
Year Built 1961
Lot Size 9,150 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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 property's existing rents remain below projected market levels, supporting continued organic rental growth over time. Located within close pr
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Forced Air
Laundry Community Facility
Exterior
Parking Features Assigned Spaces, Attached Garage
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Tax ID 03618310
Special Listing Condition Not Applicable
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