625 W Provential DR Anaheim, CA 92805
0.42 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26098490
HOA Y/N No
Year Built 1961
Lot Size 0.420 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Forced Air
Fireplaces Type Family Room
Fireplace Yes
Laundry Common Area
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 12
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 03618309
Energy Description 2112.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION