1405 S Broadway, Santa Ana, CA — listing photo 1
1 / 14
FOR SALENew Listing

1405 S Broadway

Santa Ana, CA 92707
6,098 Lot Sq Ft
Built 1951
$1,535,000

Property Overview

Unbeatable Cash-Flow Fourplex in Santa Ana’s Historic Wilshire Square! This turnkey asset is built for maximum passive income, generating a strong $9,450 per month ($113,400 annually) with a high cap rate that outperforms comparable local multifamily investments. Operating expenses stay extremely low thanks to separately metered electric, gas, and water utilities. The fully occupied property features a high demand unit mix consisting of a remodeled downstairs 2-bedroom/1-bath unit leasing for $2,800 per month, an upgraded upstairs 2-bedroom/1-bath unit leased at $2,650 per month, and two 1-bedroom/1-bath units (featuring updated kitchens) leased at $2,000 per month each. An on site shared laundry room provides added tenant convenience and extra income potential. Huge potential would be converting the garages into 2 ADU's since the garages are free standing to increase the income and building value!!! Positioned just minutes from Downtown Santa Ana, Main Street dining, Bowers Museum, and Santa Ana College, with rapid access to the 5, 55, and 22 freeways, this high performing cash cow ensures rock solid, perpetual tenant demand. Rare opportunities like this don't stay on the market long act fast! Drive by only, please do not disturb tenants.

Home Details

Property type
Residential Income - Mixed Use
Year built
1951
Lot size
6,098 sq ft
Parking
8 spaces
Garage
4 spaces
Stories
2
Days on market
0
MLS status
Active

Features & Amenities

Interior

  • Balcony
  • Ceiling Fans

Appliances

  • Dryer
  • Washer

Parking

  • Assigned
  • Garage
  • On Site
  • Private

Pool

  • None

Lot

  • Front Yard
  • Lawn

Security

  • Carbon Monoxide Detectors
  • Smoke Detectors

Community, Schools & Utilities

Community

Subdivision
NONE
View
Neighborhood
Annual property tax
$17,022

Utilities

Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
Browse more homes for sale in Santa Ana

Location & Neighborhood

1405 S Broadway

Santa Ana, CA 92707

Open in Google MapsOpen in Apple Maps

Frequently Asked Questions About 1405 S Broadway

Property type: Residential Income

The current asking price is $1,535,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1405 S Broadway. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1951. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Santa Ana, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Santa Ana property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

Get More Info

Crown Coastal Support Team

Direct support from our real estate team

Enquiry form loads as you reach this section.

Listing Agent

Name: Ali Jahanshahi
MLS ID: SJAHAL1

Available property

$1,535,000

CRMLS Logo

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.