Quadplex with Townhouse
701 N W Provential Drive, Anaheim, CA 92805
For Sale
$1,775,000
Four residential units include private outdoor space, fireplaces, garage parking, and shared laundry facilities.
Property Size3,883 SF
Price / SF$457.12
Days on Market151
Property Features for 701 N W Provential Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Tenant in Place
Amenities
private yards
fireplaces
landscaped courtyards
on-site laundry
Building Details
Building Size
Year Built
Listing Agency:
Kirklen Investment Group
(949) 942-1302
Listed By:
Jason Kirklen · License #01939655
(949) 942-1300
Source:
Trueinmobiliaria
Added: Jun 11
Changed: Nov 7
Last Checked: Nov 7 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kirklen Investment Group
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Investment Insights
Based on property information with market context.
Built in 1961, this 3,883-square-foot quadplex contains four two-bedroom units: one with one bathroom and three townhouse-style residences with one-and-a-half bathrooms. The townhouse units have private yards and fireplaces. Shared features include landscaped courtyard areas, 12 garage parking spaces, and on-site laundry. Windows, doors, and roofing have received updates.
The property is in Anaheim, near Disneyland, employment centers, retail amenities, and the 5, 91, and 57 Freeways. It is offered for sale and may be acquired together with 625 W Provential.
The property is in Anaheim, near Disneyland, employment centers, retail amenities, and the 5, 91, and 57 Freeways. It is offered for sale and may be acquired together with 625 W Provential.
Key Highlights
- Four units: one 2‑bedroom/1‑bath residence and three 2‑bedroom/1.5‑bath townhouse‑style units
- 3,883 square feet; built in 1961
- Twelve garage parking spaces and on‑site laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,558
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,160
$1.4M
Cap Rate 7%
$993,686
$993.7K
Cap Rate 9%
$772,867
$772.9K
Market Conditions
NOI Build-Up for 3,883 SF
Gross rent
$104.8K $27.00/SF
− Vacancy
−$5.5K −$1.41/SF
EGI
$99.4K $25.59/SF
− OpEx
−$29.8K −$7.68/SF
NOI
$69.6K $17.91/SF
Area
ZIP 92805
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,391,160
Cap Rate 7%
$993,686
Cap Rate 9%
$772,867
Alternative Uses
Best Use
Multifamily LT 5
$993.7K
$869.5K – $1.16M
NOI $69,558 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$864.9K
$756.8K – $1.01M
NOI $60,546 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,015 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,283
Businesses Nearby
Explore this area
Business Placement
Demographics for 92805, CA
74,633
Population
23,195
Households
3.2
Avg Household Size
33
Median Age
26%
College-Educated
71%
High-School Grad
6.2 sq mi
ZIP Area
12,038
Density / Sq Mi
$85,623
Median Household Income
$38,180
Median Earnings
$2,045
Median Rent
$667,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Quadplexes in Anaheim
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units include private outdoor space, fireplaces, garage parking, and shared laundry facilities.
Where is this quadplex located?
The property is located at 701 N W Provential Drive Anaheim, CA.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Four units: one 2‑bedroom/1‑bath residence and three 2‑bedroom/1.5‑bath townhouse‑style units; 3,883 square feet; built in 1961; Twelve garage parking spaces and on‑site laundry
