1405 Broadway, Santa Ana, CA 92707
Local realty services provided by:CENTURY 21 Masters
1405 Broadway,Santa Ana, CA 92707
$1,535,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ali jahanshahi
Office: keller williams realty hollywood hills
MLS#:OC26170439
Source:MLSListings
Price summary
- Price:$1,535,000
About this home
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....
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Home facts
- Year built:1951
- Listing ID #:OC26170439
- Added:1 day(s) ago
- Updated:August 06, 2026 at 04:39 PM
Heating and cooling
- Cooling:Window/Wall Unit
Structure and exterior
- Year built:1951
- Lot area:0.14 Acres
- Lot Features:Greenbelt, Mid Block
- Foundation Description:Combination
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,535,000
Features and amenities
- Laundry features:Community Facility, Dryer, In Laundry Room, Washer, Washer/Dryer - Owned
- Amenities:Balcony or Patio, Ceiling Fan(s), Double Pane Window(s)
Parking
- Parking description:Assigned Spaces, Common Garage, Garage, Private Garage
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