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Listed by Jeff Pittman • Redfin
$ 1,570,000
Est. payment /mo
Price Dropped by $25K
1405 S Broadway Santa Ana, CA 92707
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25244242
Year Built 1951
Lot Size 6,098 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Prime 4-Unit Investment Property in Wilshire Square - Strong Rents & Excellent Location. Welcome to 1405 S Broadway, an exceptional opportunity to own a fully-rented fourplex in the charming and historic Wilshire Square neighborhood of Santa Ana. This income-generating property consists of four separately metered units (gas and electric), offering a solid return with minimal owner expenses. Unit Breakdown: (2) Two-Bedroom, One-Bath Units Downstairs 2BR: $2,800/month - Recently remodeled by previous owner Upstairs 2BR: $2,500/month - Well-maintained with long-term potential (2) One-Bedroom, One-Bath Units Downstairs 1BR: $2,000/month - Features a newly remodeled kitchen Upstairs 1BR: $2,000/month - Strong rent with consistent tenant demand Total Monthly Rental Income: $9,300 A shared laundry room adds convenience for tenants and potential additional income for the owner. Situated in the desirable Wilshire Square area, this property is surrounded by a blend of residential charm and urban accessibility. Tenants enjoy proximity to top local amenities, including: Bowers Museum and Santa Ana Zoo - Just minutes away Walkable dining and coffee shops along Main Street and nearby Downtown Santa Ana Close to Santa Ana College and Mater Dei High School
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Heating Forced Air
Laundry Laundry Area
Exterior
Garage Spaces 4.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 01317402
Special Listing Condition Not Applicable
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