2115 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 (including water), 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 $77,000, substantiated by current leases, which are guaranteed by the seller. At a sale price of $1,350,000 and NOI of $73380 the CAP rate is 5.36%. 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. Located close to Anaheim Convention center, Disneyland, Major hotels & restaurants, Angel Stadium, and UCI Medical Center. Just east of Harbor Blvd south of Orangewood. Owner also has another triplex available for sale in the same complex. Back on the market subject to cancellation document.
2,916 Sq Ft
3,478 Sq Ft 롯트 크기
투자
US$795 월간 유지보수/CC
US$5,788 연간 세금
Built in 1964
MLS/리스팅 ID PW25199885
1 스토리
3 유닛
Community - Street Lights
Community - Suburban
구성
블라인드
Jalousie
스크린
Pool - Association
Pool - Fenced
Pool - Gunite
수영장 - 매립형
Parking - Assigned
Parking - Garage
Parking - Garage Door Opener
Parking - On Street
Lot - Near Public Transit
Lot - Sprinkler System
Lot - Sprinklers in Front
Lot - Street Level
풀
Association - Picnic Area
Association - Maintenance Front Yard
Association - Insurance
Association - Trash
Association - Water
폐기
전기 레인지
전기 온수기
전기 건조기 연결
내부
세탁실
세탁기 연결
모든 침실은 아래층에 위치합니다.
메인 층 침실
다용도실
워크인 옷장
Windows
슬래브
Living Room Fireplace
Masonry Fireplace
Wood Burning Fireplace
우드
단철
Cooling - Wall/window unit(s)
Construction - Stucco
Construction - Wood Siding
Community - Curbs
Community - Gated
Community - Sidewalks
월 총 비용
US$0
US$0
US$0