$1,350,000
$150K PRICE DROP

Estimated payment $8,484/month

Total Views 10,885
2 Beds
2 Baths
2,916 Sq Ft
$463 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gated Community
  • Jalousie or louvered window
  • No Units Above
  • Property is near public transit
  • Walk-In Closet

About This Home

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 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 $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. Owner also has another triplex available for sale in the same complex. Back on the market subject to cancellation document.

Listing Agent

Rick Violett

Investment Brokers O.C. Brokerage Phone: 714-870-7870 License #00490471 Listed on: 09/04/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1964

Lot Details

  • Property fronts an alley
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Front Yard Sprinklers

HOA Fees

  • $795 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • On-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,916 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Jalousie or louvered window
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Utility Room

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Electric Dryer Hookup

Home Security

Pool

  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Electric Water Heater
  • Sewer Paid

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10703
  • Assessor Parcel Number 93017410
  • $794 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 3 Units
  • Holiday Harbor HOA III Association, Phone Number (714) 241-7368
  • Lcrefs HOA

Amenities

  • Picnic Area

Recreation

  • Community Pool

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • Maintenance Expense $3,600
  • Other Expense $9,540
  • New Taxes Expense $14,800
  • Operating Expense $27,940
  • Gross Income $100,320
  • Net Operating Income $72,380

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,788

Year Built

Built in 1964

Lot Details

3,476 Sq Ft Lot

HOA Fees

$795 per month

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 5.36
  • Property Attached: Yes
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
  • Subdivision Name Other: Holiday Harbor III HOA
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 93017410
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Below, No One Above
  • Appliances: Yes
  • Door Features: Sliding Doors, Mirror Closet Door(s)
  • Entry Level: 1
  • Fireplace Features: Wood Burning, Masonry, Living Room
  • Levels: One
  • Price Per Square Foot: 462.96
  • Room Type: Walk-In Closet, Utility Room, Laundry, All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Window Features: Blinds, Screens, Jalousies/Louvered

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Features: Association, In Ground, Fenced, Gunite
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage, Assigned, Garage Door Opener, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Electricity Available, Water Connected
  • Laundry: Yes
  • Appliances: Disposal, Electric Water Heater, Electric Range
  • Electric: Electricity - On Property, 220 Volts in Laundry
  • Laundry Features: Inside, Individual Room, Electric Dryer Hookup, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Water, Maintenance Front Yard, Sewer, Pool, Trash, Picnic Area
  • Association Fee: 795.00
  • Association Fee Frequency: Monthly
  • Association Name: Holiday Harbor HOA III
  • Phone: 714-241-7368
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights, Sidewalks, Suburban
  • Association Management: LCREFS

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Level with Street, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 3478.00
  • Lot Size Acres: 0.0798

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 972 Square Feet
  • Gross Income: 100320.00
  • Gross Multiplier: 13.46
  • Gross Operating Income: 100320.00
  • Gross Scheduled Income: 100320.00
  • Lot Size Area: 3478.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 72380.00
  • Number Of Separate Electric Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 27940.00
  • Operating Expense Percent: 27.85
  • Other Expense: 9540.00
  • Other Expense Description: HOA fees
  • Other Income Description: Actual income
  • Rent Control: No
  • Total Actual Rent: 100320.00
  • Total Expenses: 27940.00

Tax Info

  • New Taxes Expense: 14800.00
  • Tax Area: 01-033
  • Tax Lot: 1
  • Tax Tract Number: 10703
  • Tax Annual Amount: 5788.00
  • Tax Year: 2024
  • TaxOtherAnnualAssessmentAmount: 793.60

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,788 $463,455 $317,903 $145,552
2024 $5,788 $454,368 $311,669 $142,699
2023 $5,661 $445,459 $305,558 $139,901
2022 $5,582 $436,725 $299,567 $137,158
2021 $5,587 $428,162 $293,693 $134,469
2020 $5,562 $423,772 $290,681 $133,091
2019 $5,407 $415,463 $284,981 $130,482
2018 $5,299 $407,317 $279,393 $127,924
2017 $5,101 $399,331 $273,915 $125,416
2016 $5,083 $391,501 $268,544 $122,957
2015 $5,037 $385,621 $264,510 $121,111
2014 $4,741 $378,068 $259,329 $118,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2025 11/01/25 Price Changed $1,350,000 0.0% $463 / Sq Ft
10/31/2025 10/31/25 Rented $2,790 0.0% --
10/10/2025 10/10/25 For Rent $2,790 0.0% --
09/04/2025 09/04/25 For Sale $1,500,000 -- $514 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25199885

California Regional Multiple Listing Service (CRMLS)
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