2115 S Broden Street, Anaheim, California 92802, Anaheim, 92802 - bed, bath

2115 S Broden Street, Anaheim, California 92802 home-pic-0

2115 S Broden Street

Anaheim, California 92802

ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,976Sq Ft
3,478Lot Size

Property Price

LIST PRICE$1,350,000

SUMMARY

Analysis of 2115 S Broden Street, Anaheim, California 92802 is currently available with a list price of $1,350,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Anaheim Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although built in 1964, the property has undergone extensive interior renovations. The units feature updated kitchens with modern shaker-style cabinetry, stone countertops, and stainless steel appliances. Bathrooms have been modernized with newer vanities and fixtures. The flooring has been upgraded to a mix of tile and laminate/LVP throughout. The property is move-in ready with well-maintained systems and exterior maintenance managed by the HOA, meeting the criteria for a 'Good' condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Investment Location

    Situated just half a mile from Disneyland and the Anaheim Convention Center, the property sits in a high-demand rental corridor with proximity to major employers, ensuring low vacancy rates and long-term appreciation.

  • Low-Maintenance Management

    The HOA handles comprehensive responsibilities including roofs, exterior painting, landscaping, and utilities, making this an ideal 'hands-off' asset for investors seeking minimal management oversight.

  • Strong Financial Performance

    Boasting a 5.36% CAP rate with seller-guaranteed leases and electronic payment history, the property offers a superior yield compared to many similar triplexes in the Orange County market.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Built in 1964, the property may eventually require significant capital expenditures for internal systems like plumbing or electrical that are not covered by the HOA's exterior maintenance scope.

  • HOA Dependency

    While the HOA provides many services, the owner is subject to association governance, potential fee increases, and special assessments which can impact the long-term predictability of net operating income.

About 2115 S Broden Street

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.

Property Details

Public Facts

Property Type
Triplex
Year Built
1964
Lot Size
3,478 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$660.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,9763,205
50%
Lot Size3,4782,960
50%
Price$1.35M$1.32M
50%
Price per sq ft$454$416
50%
Built year19641964
50%
HOA$660.0$770
50%
Days on market184184
0%

Pricing History

Listed for Sale

Nov 2, 2025

$1,350,000

$1,500,000

-10% Price Drop

Initial Listing

Price Change

Sep 4, 2025

$1,500,000

Initial Listing

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