Think of it as year one of a new GM's regime. They suffered multiple catastrophic injuries this year, coupled with complete no-shows by two pitchers that NO ONE thought would completely mess the bed the way they did.
However, they are addressing pitching through the draft and at this early juncture seem to have done well. The new GM has a MUCH better idea of the capabilities of the young players (Sandoval, Marsh, Adell, et al.) on the 40-man and minors, which will inform his transactions this off-season. Ohtani has blown up like Hiroshima. Going into next season, even before any off-season moves, they have one ace, a seemingly solid #2 guy (who hopefully will be displaced to #3 by a new acquisition), controlled young bottom of the rotation arms, a decent bench and the inside track on retaining an elite closer. Outfield depth galore with likely improved defense (as J-UP plays less). Catcher, 1st, 2nd and 3rd base locked up by solid players all with satisfactory or superior offense.
Sure, Minasian has to shore up the bullpen, bring in a workhorse #2 or better starter, add a proficient SS and overall improve defense. There will be a little extra payroll room this year after arb and other increases. No reason he can't bring in the personnel they need. Next year will come down to injuries. If low to moderate, they will contend for the division.
In some ways, being a fan is like being in a marriage, you can't hold on to all the things they did wrong several years ago and you have to celebrate the things they are doing right and are improving on. The Angels are on an upward trajectory and you're in on the ground floor.