1405 S Broadway Santa Ana, CA 92707
Fully occupied fourplex in historic Wilshire Square neighborhood.
Lot size:
0.14 AcresProperty Features for 1405 S Broadway
General Information
- Standard status
- Active
- Zoning
- Public Rec
- Lot size
- 0.14 Acres
Source:
Crexi
Listing Agency: Redfin Listing Agent: Maryam Amiri
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Santa Ana Fourplex Investment Opportunity
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.
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 neighborhood.
Where is this quadplex located?
The property is located at 1405 S Broadway Santa Ana, CA.
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.
