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1405 S Broadway

Santa Ana, CA 92707
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Bed 6

Bed

Bath 4

Bath

SqFt6,098

Sqft(Lot)

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 con verting 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,535,000

AD Id : 89085438

MLS Id : OC26170439

Beds : 6

Lot Size : 6,098 Sq. Ft

Tax Amount : $17,022

Year Built : 1951

Garage : 4

County : Orange

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Feature Features

  • Interior Features

    Balcony, CeilingFans
    Appliances: Dryer, Washer
    Laundry Features: CommonArea, LaundryRoom, Outside
    Window Features: DoublePaneWindows
  • Heating & Cooling

    Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1951
    Building Area Total: 3272
    Construction Materials: Drywall, Frame, Glass, Concrete
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: Neighborhood

  • Lot Information

    Main Square Feet: 6098 Lot Size Acres: 0.14 Lot Size Source: Assessor Lot Size Square Feet: 6,098 Lot Description: FrontYard,Lawn

    Property Information

    Subdivision: NONE Source Property Type: ResidentialIncome Property SubType: Mixed Use Levels: Two Property Age: 75

  • Listing Price Information

    Listing Price: $1535000
    Cash, CashToNewLoan, Conventional, FHA, FreddieMac, GovernmentLoan, PrivateFinancingAvailable, Submit

  • Tax Information

    Parcel Number: 01317402 Tax Lot: 26 Annual Tax: $17022

  • Parking Information

    Parking Total: 8 Assigned, Garage, OnSite, Private

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Utility Information

    CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
  • Location Information

    Direction: Nearest major cross street: E. Edinger Ave and S. Main Street. WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2010 Kilson, Santa Ana, CA, 92707 $649,950 2 1 684 5,508 Sq. Ft
226 E Edinger Avenue, Santa Ana, CA, 92707 $1,180,000 5 3 2,016 6,000 Sq. Ft
405 W Mcfadden, Santa Ana, CA, 92707 $799,900 3 2 1,332 8,260 Sq. Ft
2234 Cypress, Santa Ana, CA, 92707 $899,900 3 2 1,420 8,296 Sq. Ft
2101 S Sycamore, Santa Ana, CA, 92707 $829,000 3 1 1,122 5,417 Sq. Ft
508 W Edinger, Santa Ana, CA, 92707 $1,399,000 7 4 -- 14,375 Sq. Ft
2117 S Broadway, Santa Ana, CA, 92707 $1,950,000 8 6 -- 6,000 Sq. Ft
1249 S Garnsey, Santa Ana, CA, 92707 $830,000 4 3 986 5,558 Sq. Ft
1229 S Flower, Santa Ana, CA, 92707 $899,000 4 2 1,487 6,067 Sq. Ft
1042 W Mcfadden Avenue, Santa Ana, CA, 92707 $1,295,000 5 4 3,649 10,000 Sq. Ft

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ByOwner last updated this listing 09/27/2026 @ 03:52

MLS: OC26170439 LISTED BY: Ali Jahanshahi, Keller Williams Realty Hollywood Hills 310-623-1300 SOURCE: CRMLS

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