
Anaheim, California 92805
The West Provential Apartments represent a High-Potential Investment Opportunity, listed at a List Price of $1,775,000. The asset is positioned slightly above the $1,705,234 Fair Market Value. Featuring a 4-unit multifamily asset with a Condition Rating of 4, the property offers significant value-add potential through RUBS implementation and garage income. With a desirable unit mix of townhouse-style layouts and recent exterior capital improvements, this is a stable, income-generating acquisition. This property is an ideal fit for Buy-and-Hold Investors or Multifamily Portfolio Managers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 625 W Provential Drive Subject | $1,775,000* List Price | 0 | 0 | 3,883 | $439 | - |
A 203 W Guinida Sold | $1,552,000 | 0 | 0 | 3,733 | $416 | 0.8 mi |
B 701 N W Provential Drive Active | $1,775,000 List Price | 0 | 0 | 3,883 | $457 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property is well-maintained with recent exterior capital improvements (roof, windows, and doors), the 1961 build date and lack of mentioned interior renovations suggest the kitchens and bathrooms are likely dated. The listing's focus on 'operational upside' and 'below market rents' typically indicates interiors that require updating to reach modern standards.
The property features three townhouse-style 2-bedroom units with private yards and fireplaces, offering a high-demand configuration that attracts long-term tenants and commands premium rents.
With rents currently below market levels and untapped revenue streams from RUBS and garage parking fees, investors have a clear path to increase Net Operating Income with minimal capital expenditure.
Recent upgrades including a newer roof, windows, and doors help minimize immediate maintenance obligations and improve the asset's overall energy efficiency and curb appeal.
Constructed in 1961, the property may have aging underlying systems such as plumbing or electrical that could require future modernization despite recent surface-level improvements.
Implementing new utility reimbursements and parking fees to capture upside may lead to temporary tenant friction or turnover during the initial phase of ownership.
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, six garage parking spaces, and an on-site laundry room, 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,883 | 2,916 |
| Lot Size | 9,150 | 8,276 |
| Price | $1.77M | $1.41M |
| Price per sq ft | $457 | $485 |
| Built year | 1961 | 1969 |
| HOA | $0 | $528 |
| Days on market | 41 | 84 |
Jun 11, 2026
$1,775,000
Initial Listing