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$ 1,550,000
Est. payment /mo
Price Dropped by $20K
1405 S Broadway Santa Ana, CA 92707
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25244242
HOA Y/N No
Year Built 1951
Property Sub-Type Quadruplex
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, cafés, 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 freeways—ideal 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 Ana's ongoing revitalization and sustained rental demand, it's a strategic addition to any portfolio.
Drive by only—please do not disturb tenants.
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, cafés, 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 freeways—ideal 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 Ana's ongoing revitalization and sustained rental demand, it's a strategic addition to any portfolio.
Drive by only—please do not disturb tenants.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Heating Forced Air
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 01317402
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Jeff Pittman Redfin 714-785-4434