Anaheim, CA 92802,2115 1/2 S Broden ST
Anaheim, CA 92802,2115 1/2 S Broden ST
Anaheim, CA 92802,2115 1/2 S Broden ST
26
See all 26 photos
$1,350,000
Est. payment /mo
Save
3,476 Sqft Lot
Active

2115 1/2 S Broden ST Anaheim, CA 92802

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
24
Jan
Sun
25
Jan
Mon
26
Jan
Rhea Wallace

Rhea Wallace

+1(657) 443-3446

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Holiday Harbor Iii Hoa

MLS Listing ID PW25199902

Construction Status Turnkey

HOA Fees $795/mo

HOA Y/N Yes

Year Built 1964

Annual Tax Amount $5,788

Tax Year 2024

Lot Size 3,476 Sqft

Property Sub-Type Triplex

Property Description

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 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 $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 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.

Location

State CA

County Orange

Area 78 - Anaheim East Of Harbor

Interior

Interior Features Pantry, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile, Vinyl

Fireplaces Type Living Room, Masonry, Wood Burning

Fireplace Yes

Appliance Electric Range, Electric Water Heater, Disposal

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

Exterior

Parking Features Assigned, Garage, Garage Door Opener, On Street

Garage Spaces 6.0

Garage Description 6.0

Fence Wood, Wrought Iron

Pool Fenced, Gunite, In Ground, Association

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

Utilities Available Electricity Available, Sewer Connected, Water Connected

Amenities Available Insurance, Maintenance Front Yard, Picnic Area, Pool, Trash, Water

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Sprinklers In Front, Near Public Transit, Sprinkler System, Street Level

Story 1

Entry Level One

Foundation Slab

Sewer Sewer Tap Paid

Water Public

Architectural Style Ranch

Level or Stories One

New Construction No

Construction Status Turnkey

Others

HOA Name Holiday Harbor III

HOA Fee Include Sewer

Senior Community No

Tax ID 93017411

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard, Trust

CRMLS – RECore
Listed by Rick Violett Investment Brokers O.C. 714-870-7870

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    A. J. Cook Elementary School

    Public | KG - 6

  • 9

    Sunnyside Elementary School

    Public | KG - 6

  • 9

    Excelsior Elementary School

    Public | KG - 6

  • 8

    Ethel M. Evans Elementary School

    Public | KG - 6

  • 8

    R. F. Hazard Elementary School

    Public | KG - 6

  • 8

    Parkview Elementary School

    Public | KG - 6

  • 7

    Faylane Elementary School

    Public | KG - 6

  • 7

    Post Elementary School

    Public | KG - 6

  • 7

    Rosita Elementary School

    Public | KG - 6

  • 7

    Ocia A. Peters Elementary School

    Public | KG - 6

  • 7

    Genevieve M. Crosby Elementary School

    Public | KG - 6

  • 7

    Earl Warren Elementary School

    Public | KG - 6

  • 7

    El Sol Santa Ana Science and Arts Academy

    Public | KG - 8

  • 6

    Morningside Elementary School

    Public | KG - 6

  • 6

    Agnes Ware Stanley Elementary School

    Public | KG - 6

  • 6

    Price (Adelaide) Elementary School

    Public | KG - 6

  • 6

    Woodbury Elementary School

    Public | KG - 6

  • 6

    Franklin (Benjamin) Elementary School

    Public | KG - 6

  • 6

    Riverdale Elementary School

    Public | KG - 6

  • 6

    Gonzalo Felicitas Mendez Fundamental Intermediate School

    Public | 5 - 8

Middle Schools 14
  • 8

    Donald S. Jordan Intermediate School

    Public | 7 - 8

  • 7

    James Irvine Intermediate School

    Public | 7 - 8

  • 7

    Dr. Walter C. Ralston Intermediate School

    Public | 7 - 8

  • 7

    Izaak Walton Intermediate School

    Public | 7 - 8

  • 6

    Louis Lake Intermediate School

    Public | 7 - 8

  • 6

    Leroy L. Doig Intermediate School

    Public | 7 - 8

  • 4

    Portola Middle School

    Public | 6 - 8

  • 2

    Polaris High (Alternative)

    Public | 7 - 12

  • 2

    South Junior High School

    Public | 7 - 8

  • 1

    Ball Junior High School

    Public | 7 - 8

  • 1

    Willard Intermediate School

    Public | 6 - 8

  • 0

    Community Day/Alternative Education/Special Education

    Public | 7 - 12

  • 0

    Community Day Intermediate and High School

    Public | 7 - 12

  • 0

    Anaheim Discovery Christian Schools

    Private | 7 - 12

High Schools 13
  • 9

    Nova Academy

    Public | 9 - 12

  • 8

    Garden Grove High School

    Public | 9 - 12

  • 8

    The Academy

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 6

    Santiago High School

    Public | 9 - 12

  • 5

    Katella High School

    Public | 9 - 12

  • 4

    Anaheim High School

    Public | 9 - 12

  • 3

    Loara High School

    Public | 9 - 12

  • 0

    Jordan Secondary Learning Center

    Public | 9 - 12

  • 0

    North Orange County Regional Occupational Program

    Public | 9 - 12

  • 0

    Gilbert High (Continuation)

    Public | 9 - 12

  • 0

    Lincoln High Continuation

    Public | 9 - 12

  • 0

    Central Orange County Cte Partnership (Ctep)

    Public | 10 - 12

School and business data provided by Attom Data.

GET IN TOUCH

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Rhea Wallace, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

2115 1/2 S Broden ST