705 W Provential Dr, Anaheim, CA 92805
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705 W Provential Dr Anaheim, CA 92805

$1,725,000 Sold Price as of 03/31/2023
  • 8 Beds
  • 4 Baths
  • 3,438 Sq.Ft.
Sold
$1,725,000 Sold Price as of 03/31/2023 Refinance Your Mortgage

Map preview of 705 W Provential Dr, Anaheim, CA 92805

Property Overview: 705 W Provential Dr Anaheim, CA has 8 bedrooms, 4 bathrooms, 3,438 living square feet and 9,148 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare 4plex Investment property within 10 mins Disneyland and Knotts Berry Farm which features (4) 2 bedroom 1 bath recently renovated units with laundry Facilities on the premises. (6) Private garages, Three long-term tenants that are on month to month leases, and one unit is vacant. Three of the unit come with private backyards. The units are separately metered. GREAT income-producing property, rents have doubled within the year.

Listed by Jerica Jensen | BRE #02103881 | The Beverly Hills Estates
Co-listed by Stephen Sweeney | BRE #02061063 | The Beverly Hills Estates
Last checked: 12 minutes ago | Last updated: April 1st, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
9,148
HOA Dues
$0/mo
Year built
1961
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
22227961
City
Anaheim
County
Orange
Time on Site
499 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $134,400
  • Gross Operating Income: $134,400
  • Laundry Income: $1,200
  • Other Income 1: $129,600
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $2,991
  • Insurance: $3,000

Property Details for 705 W Provential Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Vinyl
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Cooktop
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Private
Property Information
  • Total # of Units: 4
  • Parcel Number: 03618311
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: W. Provential and S. Citron St. 5 mins away from Disneyland and 15 mins away from Knotts Berry Farm.
View more facts & features

Local Anaheim Agent

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Sale History for 705 W Provential Dr

Last sold for $1,725,000 on March 31st, 2023
  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: 22227961

    $1,725,000

    Price

  • Jan 2, 2023

    Date

    Active

    CRMLS: 22227961

    $1,800,000

    Price

  • December, 2021

  • Dec 27, 2021

    Date

    Pending

    CRMLS: OC21239067

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Very rare 4 plex opportunity with long term tenants in place. Great central Anaheim location. Laundry facilities on the premises. Close to Disney, shopping, and freeways. Priced to sell!

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Tax History for 705 W Provential Dr

Assessed Value (2020): $426,845
Year Land Value Improved Value Assessed Value
2020 $273,181 $153,664 $426,845

Home Value Compared to the Market

This property vs the competition

705 W Provential Dr sold on March 31, 2023 for 104.55% higher than the current median sold price for the city of Anaheim which is $880,000. The median sold price per/sqft for Anaheim is $542 and this home is sold at $523.56 per/sqft which puts the price per square foot 3.4% lower than the current median sale per square foot for the city of Anaheim.

About 705 W Provential Dr

Detailed summary of property

705 W Provential Dr is a multi family that recently sold in Anaheim, CA 92805. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 3,438 living square feet, and sits on an approximately 9,148 square foot lot. 705 W Provential Dr was first listed on ArdentRealEstateGroup.com on January 3, 2023. The homeowner sold the property for $1,725,000. Home in Anaheim are selling for a median price of $880,000 and a median price per square foot of $542. Based on Ardent Real Estate Group's Anaheim Market Data, this home is sold 104.55% higher than the current median priced home. Local homes that are currently for sale include 2112 S Cindy Pl, 1210 S Athena Way and 1556 E Benmore Ln. While the average home in Anaheim, CA is selling in 40 days, 705 W Provential Dr has a days on market of 10 days. There are currently 258 homes for sale in the Anaheim real estate market and 151 of them are single family homes while 78 of them are condos and 29 are townhomes. For more information on this home for sale at 705 W Provential Dr Anaheim, CA 92805 contact Ardent Real Estate Group and we will put you in touch with one of our Anaheim agents.

Public Facts for 705 W Provential Dr

Public county record property details
Beds
--
Baths
--
Year built
1961
Sq. Ft.
3,438
Lot Size
8,762
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
036-183-11

The source for these homes facts are from public records.

92805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$825,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$895,000
Median Sold Price/Sq.Ft.
$540
Total Inventory
65
Median Sale to List Price %
102.99%
Avg Days on Market
21
Loan Type
Conventional (52%), FHA (4%), VA (4%), Cash (16%), Other (24%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.