Pending

2115 1/2 S Broden Street

Anaheim, CA 92802
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Bed 0

Bed

Bath 0

Bath

SqFt2,916

Sqft

SqFt3,478

Sqft(Lot)

2115 ½ Broden St. is an ideal investment for an investor who wants minimum management responsibilities, great investment potential, and great cash flow. ------MANAGEMENT RESPONSIBILITIES-----The owner’s management responsibilities are minimized because the Homeowners Association manages and pays for all the following: insurance, daily grounds clean-up and inspections, landscaping, patrol service, pool service, laundry room, roofs, building painting/repairs, gates, fences, walkways, utilities, and a monthly contribution to a reserve fund that has over $450,000 dedicated to future expenses; all at a cost of only $265 per unit per month. Owners of most other 3-unit buildings would have to pay much more for all those expenses. The major responsibility of the owner of this building is to co llect rents. All current tenants use electronic rent payments, are never late, and, therefore, this property is ideal for someone who wants income, growth with inflation protection, and minimum time expenditure. ----GREAT INVESTMENT POTENTIAL------This location of this building ensures continued growth in value. It is one short block east of Harbor Blvd about one-half mile south of Disneyland. Within a ten-minute walk there are many major hotels, restaurants, and businesses that offer employment for residents. Proximity to employment opportunities also means increasing demand for rentals, higher rents, fewer vacancies, which results in increasing property values. Other similar 3-unit rental properties are often in areas that have stable, not increasing, demand and consequently, limited upside potential.-----GREAT CASH FLOW ------This property’s Net Operating Income for the next 12 months will be about $69,260, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $69,260 the CAP rate is 5.13 %. Other similar 3-unit investment properties have significantly lower CAP rates, often below 4% when accounting for realistic income (not “Pro Forma” income) and realistic comprehensive expenses. All units have enclosed 2 car garages with openers. This triplex is single story, located inside the gated area facing the courtyard. Just east of Harbor Blvd south of Orangewood. Owner also has another triplex and had a fourplex available for sale in the same complex. (Total of 10 units). All reduced by $150k/building. Seller may guarantee first years income and expenses. Note: The other Triplex is in escrow.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 85662023

MLS Id : PW25199902

Lot Size : 3,478 Sqft

Living Area Size : 2,916

Year Built : 1964

Garage : 6

County : Orange

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Sewer Tap Paid
  • Interior Features

    Roof: Composition Interior Features: Pantry,All Bedrooms Down,Bedroom on Main Level,Walk-In Closet(s) Windows: Blinds,Jalousie,Screens Property Appliances: Electric Range,Electric Water Heater,Disposal Fireplace: Living Room,Masonry,Wood Burning Flooring: Laminate,Tile,Vinyl
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Energy

    Green Energy: Windows

    Fireplace

    Fireplace Features: Living Room,Masonry,Wood Burning Has Fireplace: 1

  • Building Information

    Year Built: 1964 Building Area Total: 2,916 Construction: Stucco,Wood Siding Roof: Composition
  • Foundation

    Slab

    Security Features

    Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
  • Accessibility Features

    None

    Pool Features

    Fenced,Gunite,In Ground,Association

    Laundry Features

    Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room

    Fencing

    Wood,Wrought Iron

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.0798
  • Lot Size Source: Assessor Lot Size Square Feet: 3478

  • Listing Price Information

    Original List Price: 1,350,000 Listing Contract Date: 2025-09-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 93017411 Tax Year: 2024 Annual Tax: 5788

  • Garage and Parking

    Garage Description: Assigned,Garage,Garage Door Opener,On Street

    Homeowners Association

    Association: Yes Association Amenities: Insurance,Maintenance Front Yard,Picnic Area,Pool,Trash,Water Association Fee: 795 AssociationFee Frequency: Monthly Calculated Total Monthly Association Fees: 795
  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Trash Collection

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: 78 - Anaheim East of Harbor Directions: Harbor Blvd to Orangewood east to S. Broden Street, south to 2115 1/2 located inside the gate behind 2115 Source Property Type: Residential Income Area: 78 - Anaheim East of Harbor Property SubType: Triplex
  • Building and Construction

    Property Age: 62 Common Walls: No Common Walls Property Condition: Turnkey Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
302 E Wakefield, Anaheim, CA, 92802 $1,750,000 9 7 4,164 4,164 SqFt

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ByOwner last updated this listing 06/21/2026 @ 13:31

MLS: PW25199902 LISTED BY: Rick Violett, Investment Brokers O.C. 714-870-7870 SOURCE: CRMLS

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