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    The Largest CRE Database in the US with Over 1 Million Listings

    2115 S Broden St, Unit 1/2 Anaheim, CA 92802

    Sponsored
    For Sale
    $1,350,000

    Ranch, Triplex - Anaheim, CA

    Type:Triplex
    Property size:
    2,976 SF
    Lot size:
    3,478.00 Acres
    Days on Market:
    170
    Last Refresh:
    Feb 20 at 12:06 am

    Property Features for 2115 S Broden St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Bedrooms
    6
    Bathrooms
    6
    APN
    93017411
    Parking
    6
    Parking features
    Assigned, Garage
    Interior features
    Pantry, None, Mirror Closet Door(s), Sliding Doors, Carbon Monoxide Detector(s), Window Features: Blinds, Jalousies/Louvered, Screens
    Exterior features
    Fence, Community Features Included: Curbs, Sidewalks, Street Lights, Suburban, Level With Street, Near Public Transit, Sprinkler System, Sprinklers In Front
    Fencing
    Fenced
    Appliances
    Garbage Disposer, Range
    Size
    2,976 SF
    Lot size
    3,478.00 Acres

    Taxes and HOA fees

    Expense value
    795
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1964
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Laminate, Tile, Vinyl
    Building materials
    Stucco, Wood Siding
    Roof type
    Composition
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Rick Violett
    Rick Violett

    Investment Brokers of Orange County (714) 970-7425

    Listing agent Rick Violett (714) 870-7870 License #00490471

    Listing date Sep 4, 2025

    MLS# PW25199902 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Anaheim Triplex: Investment Opportunity

    This triplex is an ideal investment for those seeking minimal management responsibilities, great investment potential, and strong cash flow. The Homeowners Association manages and pays for insurance, daily grounds clean-up and inspections, landscaping, patrol service, pool service, laundry room, roofs, building painting/repairs, gates, fences, walkways, and utilities (including water). They also contribute monthly to a reserve fund dedicated to future expenses, all at a cost of $265 per unit per month. The owner's major responsibility is to collect rents. All current tenants use electronic rent payments and are never late. The location of this building ensures continued growth in value, situated one short block east of Harbor Blvd and 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, increasing demand for rentals, higher rents, and fewer vacancies, resulting in increasing property values. The 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 %. All units have enclosed 2 car garages with openers. This single-story triplex is located inside the gated area facing the courtyard and is situated on a lot of approximately 0.08 acres. The property size is 2,976 square feet. The owner also has another triplex and fourplex available for sale in the same complex, totaling 10 units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.9132795
    Latitude
    33.7954494

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    FAQs

    What type of property is this?
    Triplex - Triplex in Anaheim near Disneyland, offering great cash flow.
    Where is this triplex located?
    The property is located at 2115 S Broden St, Unit 1/2 Anaheim, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - High Net Operating Income (NOI) of approximately $69,260 for the next 12 months, guaranteed by the seller; - Attractive 5.13% CAP rate, significantly higher than similar properties; - Extremely low management responsibilities due to HOA covering extensive expenses for only $265/unit/month
    (714) 870-7870
    Request Owner's contact information
    2115 S Broden St, Unit 1/2 Anaheim, CA 92802
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    Anaheim, CA 92802
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2115 S Broden St, Unit 1/2 Anaheim, CA 92802
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    We can help!
    Listing Contact
    Rick Violett
    Rick Violett
    Real Estate License ID: 00490471
    (714) 870-7870 (714) 970-7425
    Learn more
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