2115 Broden Street, Anaheim, CA 92802
Local realty services provided by:CENTURY 21 Coastal Properties
2115 Broden Street,Anaheim, CA 92802
$1,320,000
- - Beds
- - Baths
- 2,916 sq. ft.
- Multi-family
- Active
Listed by: rick violett
Office: investment brokers o.c.714-870-7870
MLS#:PW25199885
Source:CRMLS
Price summary
- Price:$1,320,000
- Price per sq. ft.:$452.67
- Monthly HOA dues:$795
About this home
2115 Broden St. is an ideal investment for an investor who wants zero management responsibilities.
$9,000 rent per month lease back (triple net NNN) with a full price offer (all cash or 1031 exchange) is available. With normal operating expenses this investment has a Cap Rate of 6.32%, which is much higher than the normal CAP rate range of 4 to 5% for this type of investment. Net Operating Income (NOI) is estimated at $83,400. The GRM is 12.2.
The HOA monthly dues are $265 for each unit; the benefits to the owner are: no fire insurance expense, no utility bills, no landscape/gardener bills, no pool service bills, no grounds maintenance expenses, no laundry room maintenance, no roof expenses, no building maintenance expenses, no patrol service expenses, no trash removal expenses, no exterior plumbing expenses, no exterior electrical expenses. Since the HOA takes care of all exterior maintenance and repair problems this investment takes very little time to manage.
All three units are tenant occupied with Apartment Association formatted leases that protect the lessor.
The 59 photographs include 16 exterior and 43 interior photos. The three Units have almost the same floor plan, so the 43 interior photos represent all three Units. All three units have 972 sq feet of living area, 2 bedrooms, 2 bathrooms, a laundry room between the kitchen and main bathroom, a very large family room open to the dining area and kitchen, and garage parking. Two of the units have fireplaces. There are no vacancies nearby with all these features; the rare inclusion of both a laundry room and garage parking with each unit makes it very easy to find new tenants when a tenant does leave.
Price just reduced for a quick sale. Priced @ $73k under recently closed sale of adjoining similar building ! Inquire for further details !...
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Home facts
- Year built:1964
- Subdivision & Development:Holiday Harbor III HOA
- Listing ID #:PW25199885
- Added:394 day(s) ago
- Updated:October 05, 2026 at 01:33 AM
Rooms and interior
- Kitchen Description:Disposal, Electric Range, Electric Water Heater
- Living area:2,916 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Composition
- Year built:1964
- Building area:2,916 sq. ft.
- Lot area:0.08 Acres
- Lot Features:Near Public Transit, Street Level
- Construction Materials:Stucco, Wood Siding
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Sewer Connected, Sewer Tap Paid
Finances and disclosures
- Price:$1,320,000
- Price per sq. ft.:$452.67
- Tax amount:$5,788 (2024)
Features and amenities
- Appliances:Disposal, Electric Range, Electric Water Heater
- Laundry features:Inside
- Amenities:All Bedrooms Down, Carbon Monoxide (CO2) Detector, Electric Water heater, Jalousie, Utility Room, Walk In Closets
- Pool features:Association, Fenced, Gunite, In Ground, Pool
Parking
- Total parking spaces:4
- Parking description:Assigned, Garage, Garage Door Opener, On Street
- Garage:Yes
- Garage spaces:4
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