Anaheim, CA 92802 2115 S Broden Street
$1,490,000
33 more
Presented By: Paula Barrett Ruiz with T.N.G. Real Estate Consultants; 714-719-6223
Beds • 6
Baths • 3
SQFT • 3,000
Garage • 4
Home Details
This is a stand-alone single-story Ranch style building that is one condominium unit with three separate (A, B, and C.) 2 bed, 1 ¾ bathroom apartments with a walk-in laundry room/Pantry, a huge (23 ft. X 18 ft.) Great Room, wall ac units, and 4 assigned garage parking spaces; features that make these rental units earn higher rents and lower vacancies than other 2 bedroom rentals. This income producing property is ideal for Income investors who want minimum management headaches - the owner does not have to manage the maintenance and repairs of the swimming pool, park-like common areas, laundry room, and garages for each apartment. The property owner will also not have to pay for insurance, patrol service, painting, roofs, or any exterior maintenance and repairs - all paid by and managed by the HOA. The monthly HOA dues are less than the cost of all services if there were no HOA. This income property has a GRM of 16.67 and a Cap Rate of 5.03%; both favorable numbers compared to similar properties.
Drive by only, subject to interior inspection.
Presented By: Paula Barrett Ruiz with T.N.G. Real Estate Consultants; 714-719-6223
Interior Features for 2115 S Broden Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesWoodBurning
Fireplace Y/NYes
FlooringCarpet, Laminate, Tile
Heating Y/NYes
Laundry FeaturesCommonArea, WasherHookup, ElectricDryerHookup, Inside, LaundryRoom
Street SuffixStreet
Total Stories1
Other Rooms
Entry Level1
General for 2115 S Broden Street
AccessibilityNone
Additional Parcels Y/NNo
AppliancesElectricRange, Disposal
Association AmenitiesCallforRules, ControlledAccess, MaintenanceGrounds, Insurance, Management, Other, Pool, Trash, Water
Association NameHoliday Harbor III
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.0
Carport Y/NNo
CityAnaheim
Community FeaturesStreetLights, Suburban, Sidewalks, Gated
Construction MaterialsStucco
ContingencyThe seller is doing a 1031 exchange at no cost to buyer/investor.
Properties do not qualify for low interest loans because they are 100% investor-owned condominiums and do
not qualify for FHA, V
CoolingWallWindowUnits
CountyOrange
Current FinancingNone
Days on Market37
Directions2115 & 2115 1/5: From Harbor; go East on Orangewood Ave. Turn right on Broden Street. Apartments are on your right-hand side. 2115 faces Broden Street and 2115 ½ is directly behind 2115.
DisclosuresCovenantsRestrictionsDisclosure
ElectricElectricityOnProperty
Entry Location1
Fuel Expense0.0
Garage Spaces4.0
Garage Y/NYes
Gross Income89400.0
HOA735.0
HOA / Comm AssnYes
HeatingRadiant
Home Warranty Y/NNo
Insurance Expense0.0
Interior FeaturesAllBedroomsDown
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsItem1031Exchange
Lot Size Square Feet3776.0
MLS Area78 - Anaheim East of Harbor
MaintenanceExpense1968.0
MobileHomeRemainsYNNo
Net Operating Income74998.0
New ConstructionNo
Number of Units Leased3
Operating Expense14402.0
Pool FeaturesFenced, InGround, Association
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalCondominium
Property SubTypeCondominium
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesGatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Street NameBroden
Subdivision NameHoliday Harbor II
Tax Lot1
Taxes$5,582
Tenant PaysCableTV, Electricity
Total Actual Rent7450.0
Total Units3
Trash Expense0.0
UtilitiesElectricityConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor
Exterior for 2115 S Broden Street
Building Area Total3000.0
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0867
Lot Size Area3776.0
Lot Size SourceEstimated
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned, Garage, NoDriveway, Private
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480