CA > Anaheim > Holiday Harbor Iii Hoa
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
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$1,350,000
Est. payment /mo
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3,476 Sqft Lot
Price Dropped by $150K

2115 1/2 S Broden ST Anaheim, CA 92802

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Vanessa Sims-Gil

Vanessa Sims-Gil

+1(619) 818-9563

UPDATED:

Key Details

Property Type Single Family Home, 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 $735/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 $735 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 $74,000, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $74,000 the CAP rate is 5.48 %. 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

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

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Vanessa Sims-Gil

Vanessa Sims-Gil

Agent | License ID: 02140190

+1(619) 818-9563

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2115 1/2 S Broden ST