2115 S Broden Street, Anaheim, California 92802, Anaheim, 92802 - 0 bed, 0 bath
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2115 S Broden Street
Anaheim, California 92802
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,916Sq Ft
3,478Lot Size
Property Price
LIST PRICE$1,350,000
EST. MARKET VALUE
$1,350,000
SUMMARY
This triplex represents a High-Potential Investment Opportunity, listed at $1,350,000—positioned above the $1,288,942 Fair Market Value. While currently priced above the automated estimate, the property offers a robust 5.36% CAP rate and a projected $77,000 NOI. With a Fair Condition Rating, the asset features a pool and low-maintenance HOA oversight. Its proximity to Disneyland and the Anaheim Convention Center ensures consistent rental demand. This is a stable, income-generating Buy-and-Hold Asset ideal for Passive Investors or Portfolio Diversifiers seeking reliable cash flow.
Estimated Market Value
$1,350,000
Based on Realkey algorithm analyzing recent comparable sales in Anaheim.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2115 S Broden Street Subject | $1,350,000* List Price | 0 | 0 | 2,916 | $463 | - |
A 2115 1/2 S Broden Street Sold | $1,393,000 | 0 | 0 | 2,916 | $478 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1964, this triplex is functional but dated. While the HOA maintains the exterior and roofs, the interiors show kitchens and bathrooms that are likely over 20 years old with basic cabinetry and laminate countertops. The presence of wall AC units instead of central HVAC and older electrical fixtures further supports a 'Fair' rating, as the property is move-in ready for tenants but requires modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated less than a mile from Disneyland and the Anaheim Convention Center, the property benefits from exceptionally high rental demand and long-term appreciation potential due to its proximity to major employment hubs.
- Low-Maintenance Management
The HOA handles comprehensive responsibilities including exterior maintenance, roofs, landscaping, and utilities, allowing for a nearly passive investment with minimal landlord involvement.
- Strong Financial Performance
Boasting a 5.36% CAP rate with a projected NOI of $77,000, this property offers a significantly higher yield than the typical sub-4% returns found in comparable local multi-family assets.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
With over 300 days on the market and a recent price reduction from $1.5M, the property may face perception issues regarding its initial valuation or liquidity.
- HOA Dependency
While the HOA reduces workload, it limits the owner's control over property standards and subjects the investment to potential future fee increases or special assessments.
About 2115 S Broden Street
2115 Broden St. is an ideal investment for an investor who wants zero management responsibilities. A CAP rate of 5.36%, and a great investment potential. Ideal for an all cash buyer who wants cash flow, inflation protection, and a great location. Also, a great opportunity for an investor who needs an up-leg for a 1031 exchange. Seller is retiring from a successful RE Investment career and will respond to all serious offers -
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1964
- Lot Size
- 3,478 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.9 |
| Baths | 0.0 | 5.1 |
| Square foot | 2,916 | 2,627.25 |
| Lot Size | 3,478 | 7,450 |
| Price | $1.35M | $1.39M |
| Price per sq ft | $463 | $550 |
| Built year | 1964 | 1963 |
| HOA | $660.0 | $411 |
| Days on market | 370 | 93 |
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