625 W Provential Drive
Anaheim, CA, 92805 $ 3,550,000
Baths1.0 Sq 7,766 Monthly Estimate*
$ 21,858
Listed by Kirklen Investment Group
Studio for $3,550,000 with 1 full bath. This 7,766 square foot home was built in 1961 on a lot size of 0.4201.
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.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Garage Spaces 12
Pool Features None
Year Built 1961
Tenant Pays Electricity Gas
Property Subtype Apartment
Gross Income 239652
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks
Additional Parcels Description 03618310
County Orange
Net Operating Income 159232
Operating Expense 73230
Insurance Expense 8776
New Construction false
Property Type Residential Income
MaintenanceExpense 5608
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 5 Northbound exit on S Harbor to Vermont then to W Provential
City Anaheim
Entry Location Courtyard
Senior Community Y/N false
Number Of Units Total 8
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 18300
Listing Terms Cash Cash to New Loan 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1414
Fuel Expense 2112
Trash Expense 3832
Water Sewer Expense 4205
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 8
Property Sub Type Additional Apartment
Taxes 42557
Cap Rate 4.49
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InteriorFireplace Features Family Room
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N true
Fireplace Y/N true
Laundry Features Common Area
Entry Level 1
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ExteriorLot Features 11-15 Units/Acre
Water Source Public
Total Parking 12
Lot Size Area 18300
Number of Buildings 2
Building Area Total 7766
Lot Size Acres 0.4201
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded FeaturesList ByKirklen Investment GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $21,858
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Anaheim, CA
Average List Price $2,903,310
Percent of Sale Price 18%
About Anaheim, CA 355,148 Population
9% Since 2002
$ 65,325 Median Income
35.17 Median Age
37% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/6/2026 | $3,550,000 | | Listed Price |