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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,550,000

Est. payment - /mo

0.42 Acres Lot

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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 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.

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

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Listed by Jason Kirklen Kirklen Investment Group 949-942-1302, DRE #01939655

NEARBY SCHOOL & BUSINESS

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625 W Provential DR Anaheim, CA 92805