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$ 1,550,000
Est. payment /mo
Price Dropped by $20K
1405 S Broadway Santa Ana, CA 92707
6 Beds
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25244242
Bedrooms 6
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Prime 4-Unit Investment Opportunity in Wilshire Square Strong Income & Ideal Location Discover an exceptional, fully-rented fourplex in the charming and historic Wilshire Square neighborhood of Santa Ana. This well-maintained property features four separately metered units (gas and electric), providing stable income with minimal owner expenses. Unit Mix & Current Rents (2) Two-Bedroom, One-Bath Units Downstairs 2BR $2,800/mo: Recently remodeled by previous owner Upstairs 2BR $2,500/mo: Well cared for with reliable long-term appeal (2) One-Bedroom, One-Bath Units Downstairs 1BR $2,000/mo: Includes a newly updated kitchen Upstairs 1BR $2,000/mo: Consistently strong tenant demand Total Monthly Rental Income: $9,300 A shared laundry room adds convenience for residents and offers potential for additional revenue. Ideally situated within the sought-after Wilshire Square community, this property blends neighborhood charm with urban accessibility. Tenants enjoy close proximity to: Bowers Museum and Santa Ana Zoo Walkable dining, cafs, and shops along Main Street and Downtown Santa Ana Santa Ana College and Mater Dei High School Easy access to the 5, 55, and 22 freewaysideal for commuters Whether you're a seasoned investor or entering the multi-family market, this fourplex delivers immediate cash flow with long-term upside. With Santa Anas ongoing revitalization and sustained rental demand, its a strategic addition to any portfolio. Drive by onlyplease do not disturb tenants.
Location
State CA
County Orange
Zoning Public Rec
Direction Close to Edinger Ave and Main St
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 01317402
Acceptable Financing Cash
Listing Terms Cash
Listed by Jeff Pittman Redfin
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