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Listed by Jason Kirklen, DRE #01939655 • Kirklen Investment Group
$ 3,550,000
Est. payment /mo
New
625 W Provential DR Anaheim, CA 92805
0.42 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26098490
Year Built 1961
Lot Size 0.420 Acres
Source California Regional MLS
Property Description
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 o
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Heating Forced Air
Laundry Laundry Area
Exterior
Garage Spaces 12.0
Pool None
Building
Water District - Public
Others
Tax ID 03618309
Special Listing Condition Not Applicable
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