Anaheim East of Harbor (78) Homes with Triplex Subtype

Anaheim East of Harbor (78) Homes with Triplex Subtype

Welcome to Anaheim East of Harbor, a vibrant neighborhood nestled in the heart of Orange County, California. This charming area is known for its friendly atmosphere, diverse community, and a wealth of amenities that cater to residents of all ages. With its prime location just east of the bustling Harbor Boulevard, you'll find easy access to the best that Anaheim has to offer, from world-renowned attractions to serene parks and shopping destinations.

One of the standout features of this region is its unique housing market, particularly the availability of triplex homes. These multi-family residences provide an excellent opportunity for both investors and families seeking additional income potential. Triplex homes in Anaheim East of Harbor typically offer spacious layouts, allowing for comfortable living while providing the option to rent out one or two units. This flexibility makes them an attractive choice for those looking to maximize their real estate investment.

The neighborhood is characterized by its tree-lined streets, friendly neighbors, and a strong sense of community. Residents can enjoy a variety of local parks, schools, and recreational facilities, making it an ideal place for families. Additionally, Anaheim's vibrant cultural scene, including the famous Disneyland Resort and the Anaheim Convention Center, is just a stone's throw away, ensuring that there’s never a dull moment.

Whether you're looking to invest in a triplex or find a cozy home for your family, Anaheim East of Harbor offers a unique blend of opportunity and lifestyle that is hard to resist. Discover the charm of this delightful neighborhood and see why it’s the perfect place to call home!

Newest Anaheim East of Harbor (78) Homes with Triplex Subtype

$1,350,000
PW25199885 MLS Active Status
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. We just closed has the adjacent triplex at a higher price $1,393,000 in the same complex on June 30 !

2115 Broden Street, Anaheim

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.