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Listed by Rick Violett • Investment Brokers O.C.
$1,350,000
Est. payment /mo
2,976 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,976 sqft
Price per Sqft $453
MLS Listing ID CRPW25199902
HOA Fees $735
HOA Y/N No
Year Built 1964
Lot Size 3,478 Sqft
Property Sub-Type Triplex
Source Datashare California Regional
Property Description
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 $735 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 residen
Location
State CA
County Orange
Interior
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl
Fireplace No
Window Features ENERGY STAR Qualified Windows
Appliance Electric Water Heater
Laundry Laundry Room, Other, Inside
Exterior
View None
Building
Lot Description Other
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