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$1,550,000
Est. payment /mo
6 Beds
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25244242
Bedrooms 6
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Type Res Income 2-4 Units
Property Description
Prime 4-Unit Investment Property in Wilshire Square Strong Rents & Excellent Location. Welcome to 1405 S Broadway, an exceptional opportunity to own a fully-rented fourplex in the charming and historic Wilshire Square neighborhood of Santa Ana. This income-generating property consists of four separately metered units (gas and electric), offering a solid return with minimal owner expenses. Unit Breakdown: (2) Two-Bedroom, One-Bath Units Downstairs 2BR: $2,800/month Recently remodeled by previous owner Upstairs 2BR: $2,500/month Well-maintained with long-term potential (2) One-Bedroom, One-Bath Units Downstairs 1BR: $2,000/month Features a newly remodeled kitchen Upstairs 1BR: $2,000/month Strong rent with consistent tenant demand Total Monthly Rental Income: $9,300 A shared laundry room adds convenience for tenants and potential additional income for the owner. Situated in the desirable Wilshire Square area, this property is surrounded by a blend of residential charm and urban accessibility. Tenants enjoy proximity to top local amenities, including: Bowers Museum and Santa Ana Zoo Just minutes away Walkable dining and coffee shops along Main Street and nearby Downtown Santa Ana Close to Santa Ana College and Mater Dei High School Easy access to freeways (5, 55, 22) perfect for commuting professionals Whether you're a seasoned investor or looking to enter multi-family ownership in a high-demand rental market, 1405 S Broadway offers immediate cash flow with long-term upside potential. Santa Ana's continued revitalization and strong rental demand make this a strategic ad
Location
State CA
County Orange
Zoning Public Rec
Direction Close to Edinger Ave and Main St
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 01317402
Acceptable Financing Cash
Listing Terms Cash
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Listed by Jeff Pittman Redfin
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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