1405 S Broadway Santa Ana, CA $ 1,535,000
1405 S Broadway
$ 1,535,000
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1405 S Broadway

Santa Ana, CA, 92707
$ 1,535,000
Baths1.0 Sq 3,272

Monthly Estimate*

$ 9,692

Listed by Keller Williams Realty Hollywood Hills
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1405 S Broadway, Santa Ana, CA 92707 - Image 14
Studio

Multi-Family Home for sale in Santa Ana, CA

for $1,535,000 with 1 full bath. This 3,272 square foot home was built in 1951 on a lot size of 0.14.

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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Multi-Family Active

Price

$ 1,535,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 17,022

Style

Lot Size

0.14

Year Built

1951

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

OC26170439

Days on Market

16

Features
General
Sewer Public Sewer
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Available Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Dryer Washer
HOA Fee 0
Garage Spaces 4
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Drywall Frame Glass Concrete
Year Built 1951
Tenant Pays Cable TV Electricity Gas
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 1800
Community Features Park Storm Drain(s) Street Lights Suburban Sidewalks
County Orange
Net Operating Income 83200
Operating Expense 30200
Insurance Expense 3100
New Construction false
Property Type Residential Income
HOA false
Subdivision Name NONE
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Nearest major cross street: E. Edinger Ave and S. Main Street.
City Santa Ana
Entry Location Street level
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 69 - Santa Ana South of First
Lot Size Units Square Feet
Lot Size Square Feet 6098
Number of Units Leased 4
Listing Terms Cash Cash to New Loan Conventional FHA Freddie Mac Government Loan Private Financing Available Submit
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 17022
Electric Expense 540
Fuel Expense 0
Property Condition Turnkey
Trash Expense 2028
Water Sewer Expense 6000
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 26
Total Actual Rent 9450
Property Sub Type Additional Mixed Use
Cap Rate 5.4
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Interior
Interior Amenities Balcony Ceiling Fan(s)
Flooring Carpet Tile
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Common Area Laundry Room Outside
Entry Level 0
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Exterior
Fencing Wood Wrought Iron
Parking Features Assigned Garage On Site Private
Lot Features Front Yard Lawn
Water Source Public
Total Parking 8
Lot Size Area 6098
Foundation Details Combination
Number of Buildings 1
Building Area Total 3272
Lot Size Acres 0.14
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
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* Excluded Features
List By
Keller Williams Realty Hollywood Hills

Broker

Realtoralij@hotmail.com

Email

Affordability Calculator

$11,111
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,692
Monthly Property Taxes
$1,419
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$1,535,000 Listed Price

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1405 S Broadway, Santa Ana, CA, 92707 is a Multi-Family Home for sale at $1,535,000 with 3,272 sqft and a lot size of 0.14. 1405 S Broadway is a studio with 1.0 baths and was built in 1951. The property's zip code is 92707 which is in Santa Ana, CA