$3,550,000

Estimated payment $19,600/month

Total Views 2,852
4 Beds
3 Baths
7,766 Sq Ft
$457 Price per Sq Ft

Highlights

  • 0.42 Acre Lot
  • Laundry Room
  • Forced Air Heating System

About This Home

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.

Listing Agent

Jason Kirklen

Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 05/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 18,300 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre
  • 03618310

Parking

  • 12 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 7,766 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 3492
  • Assessor Parcel Number 03618309
  • $2,219 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,414
  • Fuel Expense $2,112
  • Gardener Expense $2,745
  • Insurance Expense $8,776
  • Maintenance Expense $5,608
  • Pest Control $1,400
  • Trash Expense $3,832
  • Water Sewer Expense $4,205
  • New Taxes Expense $42,557
  • Operating Expense $73,230
  • Gross Income $239,652
  • Net Operating Income $159,232

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.42 Acres

Parking

12

Listing Details

  • CapRate: 4.49
  • Property Attached: Yes
  • Water Sewer Expenses: 4205.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2745.00
  • Parcel Number: 03618309
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Price Per Square Foot: 457.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Pest Control Expense: 1400.00
  • Sewer: Public Sewer
  • Trash Expense: 3832.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Gutters, Curbs, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 03618310
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 18300.00
  • Lot Size Acres: 0.4201

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 1414.00
  • Fuel Expense: 2112.00
  • Gross Income: 239652.00
  • Gross Multiplier: 14.81
  • Gross Operating Income: 232462.00
  • Gross Scheduled Income: 239652.00
  • Insurance Expense: 8776.00
  • Lot Size Area: 18300.0000 Square Feet
  • Maintenance Expense: 5608.00
  • Net Operating Income: 159232.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 8
  • Operating Expense: 73230.00
  • Other Income1: 140.00
  • Other Income Description: included in GSI
  • Rent Control: No
  • Total Expenses: 73230.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 42557.00
  • Tax Lot: 8
  • Tax Tract Number: 3492
  • TaxOtherAnnualAssessmentAmount: 2219.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,329 $395,053 $234,383 $160,670
2024 $5,329 $387,307 $229,787 $157,520
2023 $5,207 $379,713 $225,281 $154,432
2022 $5,129 $372,268 $220,864 $151,404
2021 $5,129 $364,969 $216,533 $148,436
2020 $5,103 $361,227 $214,313 $146,914
2019 $4,971 $354,145 $210,111 $144,034
2018 $4,874 $347,201 $205,991 $141,210
2017 $4,700 $340,394 $201,952 $138,442
2016 $4,681 $333,720 $197,992 $135,728
2015 $4,635 $328,708 $195,018 $133,690
2014 $4,376 $322,270 $191,198 $131,072
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2026 05/06/26 For Sale $3,550,000 -- $457 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26098490

California Regional Multiple Listing Service (CRMLS)

APN: 036-183-09

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