This is a stand-alone single-story Ranch style building that is one condominium unit with three separate (A, B, and C.) 2 bed, 1 ¾ bathroom apartments with a walk-in laundry room/Pantry, a huge (23 ft. X 18 ft.) Great Room, wall ac units, and 4 assigned garage parking spaces; features that make these rental units earn higher rents and lower vacancies than other 2 bedroom rentals. This income producing property is ideal for Income investors who want minimum management headaches - the owner does not have to manage the maintenance and repairs of the swimming pool, park-like common areas, laundry room, and garages for each apartment. The property owner will also not have to pay for insurance, patrol service, painting, roofs, or any exterior maintenance and repairs - all paid by and managed by the HOA. The monthly HOA dues are less than the cost of all services if there were no HOA. This income property has a GRM of 16.67 and a Cap Rate of 5.03%; both favorable numbers compared to similar properties. Drive by only, subject to interior inspection.
Call for Rules, Controlled Access, Insurance, Management, Other, Pool, Trash, Water, Maintenance Grounds
You are viewing the for at 2115 Broden Street with the MLS® PW24030001 on Previewochomes.com. This at 2115 Broden Street, . 92802 is located in the Holiday Harbor II subdivision and is currently for featuring a 3776 sq.ft. lot and listed for sale at $1,490,000. This for at 2115 Broden Street with the MLS® # PW24030001 has been listed since 2024-02-27.
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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 3:55am PDT. 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.
Property Listed By: Paula Barrett Ruiz of T.N.G. Real Estate Consultants