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$1,535,000
1405 S Broadway, Santa Ana, CA 92707
6Beds
4Baths
1Days Listed
Listed by Maryam Amiri, Redfin | 714-675-4224
About This Property
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
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 1
- Cumulative Days on Market
- 2
- Original Price
- $1,535,000
Location & Neighborhood
What's nearby 1405 S Broadway, Santa Ana, CA 92707
Nearby Schools
- Saint Annes School0.1 mi
elementary
- Julia C Lathrop Intermediate School0.3 mi
elementary
- Benjamin Franklin Elementary School0.4 mi
elementary
Parks & Recreation
- 0.4 mi
Transit Access
- Edinger-Main0.1 mi
Bus Stop
- Main-Edinger0.1 mi
Bus Stop
- Edinger-Van Ness0.2 mi
Bus Stop
- Main-Pomona0.3 mi
Bus Stop
- Main-Berkeley0.3 mi
Bus Stop
POI data updated 3/7/2026
Santa Ana Market Snapshot
288
Active Listings
$612K
Median Price
81
Avg Days on Market
Last updated: Mar 7, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,535,000