701 N W Provential DriveAnaheim, CA 92805

Multi-Family · 3,883 Sq. ft. | 0.21 Acres
$1,775,000 Active

701 N W Provential Drive Overview

Time on Site:
18 days
Visits:
0

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 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. This may be purchased together with 625 W Provential.

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701 N W Provential Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,883
  • Price/Sq.ft. $457
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Common Interest: Community Apartment

Income/Expenses

  • Electric Expense: 707.0
  • Fuel Expense: 1056.0
  • Gardener Expense: 1373.0
  • Gross Income: 123912.0
  • Gross Scheduled Income: 123912.0
  • Insurance Expense: 4388.0
  • Maintenance Expense: 2804.0
  • Net Operating Income: 83570.0
  • New Taxes Expense: 21279.0
  • Operating Expense: 36625.0
  • Trash Expense: 1916.0
  • Water Sewer Expense: 2102.0

Building Information

  • New Construction: No
  • Year Built: 1961

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 699 - Not Defined
  • Postal City: ANAHEIM

Community/Development

  • Community Features: Curbs,Gutter(s),Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Cash to New Loan,1031 Exchange
  • Parcel Number: 03618310
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 6.0
  • Garage: Yes

Building Interior

  • Building Area Total: 3883.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: front
  • Laundry Features: Common Area
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Assigned,Door-Multi,Garage
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.2101
  • Lot Size Area: 9150.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 9150.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

701 N W Provential Drive Neighborhood

Community

92805 (ANAHEIM) Demographics

32
Median Age
11,774
Population Density (per sq. mile)
29%
College Educated
$71,253
Estimated Median Income
8,300
Estimated Total Home Owners
11,812
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

701 N W Provential Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

701 N W Provential Drive Market Data

Based on the last 30 days in this zip code

$841,263
Average List Price
$547
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
168
Properties for Sale
Calculations provided by Reliance Network

701 N W Provential Drive History

Date Event Value Agent
6/11/2026Source: CRMLS Added to Database
June 11, 2026
Listing provided courtesy of Kirklen Investment GroupJason Kirklen- MLS# OC26128039MLS ProviderContact Information: [email protected] - 949-942-1300
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