John E Burge

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2115 Broden StreetAnaheim, CA 92802

Multi-Family · 2,916 Sq. ft. | 0.08 Acres
$1,350,000 Active

2115 Broden Street Overview

Time on Site:
298 days
Visits:
0

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. We just closed has the adjacent triplex at a higher price $1,393,000 in the same complex on June 30 !

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2115 Broden Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,916
  • Price/Sq.ft. $463
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association Amenities: Insurance,Maintenance Front Yard,Picnic Area,Pool,Trash,Water
  • Association Fee: 795.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Sewer
  • Association Name: Holiday Harbor HOA III
  • Association: Yes
  • Common Interest: Condominium

Green Features

  • Green Energy Efficient: Windows

Income/Expenses

  • Other Expense: 9540.0
  • Gross Income: 100320.0
  • Gross Scheduled Income: 100320.0
  • Maintenance Expense: 3600.0
  • Net Operating Income: 72380.0
  • New Taxes Expense: 14800.0
  • Operating Expense: 27940.0

Building Information

  • New Construction: No
  • Year Built: 1964

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 78 - Anaheim East of Harbor
  • Postal City: ANAHEIM
  • Subdivision Name: Holiday Harbor III HOA

Community/Development

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

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 5788.0
  • Tax Year: 2024

General Information

  • Disclosures: Covenants/Restrictions Disclosure,HOA Disclosure
  • Listing Terms: Cash,Cash to New Loan,Submit
  • Parcel Number: 93017410
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard,Trust

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Building Interior

  • Building Area Total: 2916.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: None
  • Appliances: Electric Range,Electric Water Heater,Disposal
  • Common Walls: 2+ Common Walls,No One Above,No One Below
  • Door Features: Mirrored Closet Door(s),Sliding Doors
  • Electric: Electricity - On Property,220 Volts in Laundry
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Living Room,Masonry,Wood Burning
  • Fireplace: Yes
  • Foundation Details: Slab
  • Interior Features: All Bedrooms Down,Bedroom on Main Level,Utility Room,Walk-In Closet(s)
  • Laundry Features: Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Blinds,Jalousie,Screens

Exterior

Parking Information

  • Parking Features: Assigned,Garage,Garage Door Opener,On Street
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Sprinklers In Front,Near Public Transit,Sprinkler System,Street Level
  • Lot Size Area: 3478.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3478.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Road Surface Type: Alley Paved,Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Construction Materials: Stucco,Wood Siding
    • Property Attached: Yes
    • Roof: Composition

    General Information

    • Fencing: Wood,Wrought Iron
    • Number Of Units Leased: 3
    • Number Of Units Total: 3
    • Pool Features: Fenced,Gunite,In Ground,Association
    • Pool Private: No
    • Road Frontage Type: Alley,City Street
    • Sewer: Sewer Tap Paid
    • Utilities: Electricity Available,Sewer Connected,Water Connected

    2115 Broden Street Neighborhood

    Community

    92802 (Anaheim) Demographics

    33
    Median Age
    9,679
    Population Density (per sq. mile)
    26%
    College Educated
    $66,429
    Estimated Median Income
    4,401
    Estimated Total Home Owners
    7,816
    Estimated Total Renters
    36% / 64%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    2115 Broden Street Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    2115 Broden Street Market Data

    Based on the last 30 days in this zip code

    $851,479
    Average List Price
    $599
    Average Price per Square Foot
    6
    Properties Sold
    50
    Average Days on Market
    47
    Properties for Sale
    Calculations provided by Reliance Network

    2115 Broden Street History

    Date Event Value Agent
    4/22/2026Source: CRMLS Status Change
    Active
    4/12/2026Source: CRMLS Status Change
    Active Under Contract
    1/31/2026Source: CRMLS Status Change
    Active
    1/25/2026Source: CRMLS Status Change
    Active Under Contract
    11/1/2025Source: CRMLS Price Reduction
    $1,350,000 -10.0%
    9/5/2025Source: CRMLS Added to Database
    September 05, 2025
    Listing provided courtesy of Investment Brokers O.C.Rick Violett- MLS# PW25199885MLS ProviderContact Information: [email protected] - 714-870-7870
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