Santa Ana Fourplex Investment
1405 S Broadway, Santa Ana, CA 92707
- Added:
- Apr 24, 2026
- Days on Market:
- 19
- Last Refresh:
- Apr 24 at 4:41 pm
Property Features for 1405 S Broadway
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1951
Listing agent Maryam Amiri License #01804754
Listing office Redfin Corporation (877) 973-3346
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Redfin Corporation
HighLights
- Strong, stable cash flow with projected rental income of approximately $9,800 per month and a high cap rate.
- Fully occupied fourplex in Santa Ana's desirable and historic Wilshire Square neighborhood.
- Well‑balanced unit mix: two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units.
- Separately metered utilities result in low owner expenses.
- Convenient access to Santa Ana's attractions, Downtown Santa Ana, and major freeways (5, 55, 22).
- Shared on‑site laundry room provides added tenant convenience and potential revenue.
Overview
Located in Santa Ana's historic Wilshire Square neighborhood, this fully occupied fourplex presents an investment opportunity. The property features a unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units. One downstairs 2-bedroom unit has been recently remodeled and rents for $2,800 per month. The upstairs 2-bedroom unit is being upgraded and is projected to lease for $3,000 per month upon completion. The 1-bedroom units are leased at $2,000 per month each, with one featuring a newly updated kitchen. One unit is currently vacating, creating an opportunity to secure the new $3,000 lease and increase total monthly income from $9,300 to approximately $9,800. A shared on-site laundry room provides added convenience for tenants and potential additional revenue. The property offers convenient access to the Bowers Museum, Santa Ana Zoo, Santa Ana College, and Mater Dei High School. Residents can also access the cafes, restaurants, and cultural scene of Downtown Santa Ana and the Main Street corridor. Easy access to the 5, 55, and 22 freeways enhances commuter convenience and supports consistently strong rental demand. The property has a bike score of 55, indicating it is bikeable, a walk score of 81, indicating it is very walkable, and a transit score of 46, indicating some transit options are available.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.869528
- Latitude
- 33.728668
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Fully occupied fourplex in historic Wilshire Square, Santa Ana.
Where is this quadplex located?
The property is located at 1405 S Broadway Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,535,000.
What are key features of this property?
This property features: Strong, stable cash flow with projected rental income of approximately $9,800 per month and a high cap rate.; Fully occupied fourplex in Santa Ana's desirable and historic Wilshire Square neighborhood.; Well‑balanced unit mix: two 2‑bedroom/1‑bath units and two 1‑bedroom/1‑bath units.
