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2115 Broden Street

Anaheim, CA 92802

$1,350,000 $5,691/Mo

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Overview

Bed

Bath

2,916

Sqft

3,478

Sqft(Lot)

Description

2115 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 (including water), 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 build ing is to collect 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 $77,000, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $73380 the CAP rate is 5.36%. 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. Located close to Anaheim Convention center, Disneyland, Major hotels & restaurants, Angel Stadium, and UCI Medical Center. Just east of Harbor Blvd south of Orangewood. We just closed has the adjacent triplex at a higher price $1,393,000 in the same complex on June 30 !

Property Details

Property Type : ResidentialIncome

Price : $1,350,000

AD Id : 85662024

MLS Id : PW25199885

Beds : 2

Lot Size : 3,478 Sqft

Living Area Size : 2,916

Year Built : 1964

Garage : 4

County : Orange

Subdivision: Fallbrook

Map

What's Nearby

Nearby Areas

Features

Interior Features

All Bedrooms Down, Bedroom on Main Level, Utility Room, Walk-In Closet(s)

Roof: Composition

Appliances: Electric Range, Electric Water Heater, Disposal

Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room

Window Features: Blinds, Jalousie, Screens
Heating & Cooling

Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1964

Building Area Total: 2916

Construction Materials: Stucco, Wood Siding

Stories: 1

Pool Features: Fenced, Gunite, In Ground, Association

Private Pool: No

View: None

Association Fee Frequency: Monthly

Lot Information

Main Square Feet: 3478 Lot Size Acres: 0.0798 Lot Size Source: Assessor Lot Size Square Feet: 3,478 Lot Description: Sprinklers In Front,Near Public Transit,Sprinkler System,Street Level

Property Information

Subdivision: Holiday Harbor III HOA Source Property Type: Residential Income Property SubType: Triplex Levels: One Property Age: 62

Listing Price Information

Listing Price: $1350000

Original Price: $1500000

Cash, Cash to New Loan, Submit

Tax Information

Parcel Number: 93017410 Tax Lot: 1 Tax Year: 2024 Annual Tax: $5788

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 4 Assigned, Garage, Garage Door Opener, On Street

Garage Information

Has Garage: Yes Garage Space: 4

Homeowners Association Information

Has Association: Yes

Included Fees: Sewer

HOA: $795.00

Association Amenities: Insurance, Maintenance Front Yard, Picnic Area, Pool, Trash, Water

Community Features: Curbs, Street Lights, Suburban, Sidewalks, Gated

Utility Information

Electricity Available, Sewer Connected, Water Connected
Location Information

Direction: Harbor Blvd to Orangewood east to Broden Street, south to 2115 WaterSource: Public Security Features: Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

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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	--

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ByOwner last updated this listing 07/25/2026 @ 08:46

MLS: PW25199885 LISTED BY: Rick Violett, Investment Brokers O.C. 714-870-7870 SOURCE: CRMLS