Santa Ana Fourplex Investment
For Sale
Contact for pricing
1405 S Broadway, Santa Ana, CA 92707
Fully occupied fourplex in historic Wilshire Square neighborhood.
Property SizeContact for details
Days on Market163
Property Features for 1405 S Broadway
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
R2
Listing Agency:
Redfin
(877) 973-3346
Listed By:
Maryam Amiri · License #01804754
Source:
Crexi
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 8 at 8:56AM
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
Investment Insights
Based on property information with market context.
This fully occupied fourplex presents an investment opportunity in Santa Ana's historic Wilshire Square. The property offers a stable cash flow, with projected rental income of approximately $9,800 per month. The unit mix includes 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. Both 1-bedroom units are leased at $2,000 per month each, with one featuring a newly updated kitchen. One unit is currently vacating, creating the 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 is available for tenants. The property is located within the Wilshire Square neighborhood, providing 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.
Key Highlights
- Strong, stable cash flow with projected rental income of approximately $9,800 per month.
- High cap rate that outperforms many comparable multifamily investments in the area.
- Fully occupied fourplex in Santa Anas historic Wilshire Square.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
Business Placement
Demographics for 92707, CA
56,456
Population
14,767
Households
3.8
Avg Household Size
33
Median Age
17%
College-Educated
65%
High-School Grad
5.2 sq mi
ZIP Area
10,857
Density / Sq Mi
$99,491
Median Household Income
$35,582
Median Earnings
$2,141
Median Rent
$635,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied fourplex in historic Wilshire Square neighborhood.
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.; High cap rate that outperforms many comparable multifamily investments in the area.; Fully occupied fourplex in Santa Anas historic Wilshire Square.
