2115 Broden St. is an ideal investment for an investor who wants zero management responsibilities, A CAP rate of 5.36%, and a great investment potential. Ideal for all cash buyer who wants cash flow, inflation protection, and a great location. Also, a great opportunity for an investor who needs an up-leg for a 1031 exchange. Seller is retiring from a successful RE Investment career and will respond to all serious offers -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 hardly ever 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. .-----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%. 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 escrow on the adjacent triplex at a higher price $1,393,000 in the same complex on June 30 ! Owner will consider short term secondary financing. Discounted property management is also available if needed.