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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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2115 1/2 S Broden Street Anaheim, CA 92802
$1,350,000 0 beds, 0 baths
0 sqft
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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Agent Remarks

2115 ½ 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, 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 $69,260, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $69,260 the CAP rate is 5.13 %. 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. All units have enclosed 2 car garages with openers. This triplex is single story, located inside the gated area facing the courtyard. Just east of Harbor Blvd south of Orangewood. Owner also has another triplex and had a fourplex available for sale in the same complex. (Total of 10 units). All reduced by $150k/building. Seller may guarantee first years income and expenses. Note: The other Triplex is in escrow.

Listing Details

Trust & Probate
Property type: Triplex (Multi-Family)
Status: Active Under Contract
MLS# PW25199902
List price is $1,350,000 Reduced by $150,000 on 11/2/2025
HOA Fee is $795.00
Beds: 0
Baths: 0
Living Room,Masonry,Wood Burning fireplaces
Built in 1964
1 story
0.08 acres
Lot size: 0.0798
Subdivision: Holiday Harbor III HOA
County: Orange
Property style: Ranch
Construction: Stucco,Wood Siding
Interior features: Pantry,All Bedrooms Down,Bedroom on Main Level,Walk-In Closet(s)
Appliances: Electric Range,Electric Water Heater,Disposal
Parking description: Assigned,Garage,Garage Door Opener,On Street
Lot description: Sprinklers In Front,Near Public Transit,Sprinkler System,Street Level
Heating/cooling: Wall/Window Unit(s)
MLS area: 78 - Anaheim East of Harbor

Last Updated: 6/11/2026

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This listing belongs to the 78 - Anaheim East of Harbor MLS area

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The style of this listing is Ranch.
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Lat/Long: 33.795210, -117.913564.
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Listing Agent: Rick Violett
Lic#: 01338684
Office Name: Rancho Bernardo

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com

Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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