$1,535,000

1405 S Broadway, Santa Ana, CA 92707

  • 6 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Exceptional Investment Opportunity in Santa Anas Historic Wilshire Square. This fully occupied fourplex offers strong, stable cash flow with projected rental income of approximately $9,800 per month and a high cap rate that outperforms many comparable multifamily investments in the area. With separately metered utilities, owner expenses remain low while a reliable tenant base provides immediate income from day onemaking this an ideal opportunity for both seasoned investors and those entering the multifamily market. The property features a well-balanced unit mix consisting of two spacious 2-bedroom/1-bath units and two efficient 1-bedroom/1-bath units. The recently remodeled downstairs 2-bedroom unit rents for $2,800 per month, while the upstairs 2-bedroom unit is currently being upgraded and projected to lease for $3,000 per month once complete. Both 1-bedroom units are leased at $2,000 per month each, with one unit 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 provides added convenience for tenants and potential additional revenue for ownership. Location is another key advantage. Positioned within the desirable and historic Wilshire Square neighborhood, the property offers convenient access to many of Santa Anas most recognized destinations including the Bowers Museum, Santa Ana Zoo, Santa Ana College, and Mater Dei High School. Residents also enjoy the vibrant cafs, restaurants, and cultural scene

Listing Status:
Active
Data Last Updated:
April 1, 2026 at 11:11PM
Listing Office:
Redfin : 877-973-3346
Listing Agent:
Maryam Amiri : 714-675-4224
MLS ID:
OC26048328
  • Heating: Forced Air Unit
  • Pool: N/K
  • General: 2 Story
  • Originating MLS: California Regional MLS
  • County: Orange
  • Zoning: Public Rec01317402
  • Source: California Regional MLS

This listing courtesy of Maryam Amiri , Redfin

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Benjamin Franklin Elementary School

210 W Cubbon St, Santa Ana, CA, 92701

Grades KG-5

0.47 miles away

J

Julia C. Lathrop Intermediate School

1111 S Broadway, Santa Ana, CA, 92707

Grades 6-8

0.31 miles away

C

Cesar E. Chavez High School

2128 Cypress Ave, Santa Ana, CA, 92707

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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