2115 S Broden St Anaheim, CA 92802
The Anaheim Resort NeighborhoodEstimated payment $8,484/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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)
MLS Number: PW25199885
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Ask me questions while you tour the home.