701 N W Provential Drive

Property Overview
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.
Home Details
Interior Spaces & Features
Community & Neighborhood
Subdivision
No subdivision info
Amenities
No specific amenities listed
Recreation
Recreation info not available
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
Certified San Diego home inspectors
Schedule an inspectionTrusted local movers
Get a quoteCA homeowners insurance
Get a quoteDisclosure: We may have a referral relationship with selected providers.
Get More Info
Crown Coastal Support Team
Responds within 2 hours
“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen
Listing Agent
