Prime 4-Unit Investment Opportunity in Wilshire Square – Strong Income & Ideal Location
Discover an exceptional, fully-rented fourplex in the charming and historic Wilshire Square neighborhood of Santa Ana. This well-maintained property features four separately metered units (gas and electric), providing stable income with minimal owner expenses.
Unit Mix & Current Rents
(2) Two-Bedroom, One-Bath Units
• Downstairs 2BR – $2,800/mo: Recently remodeled by previous owner
• Upstairs 2BR – $2,500/mo: Well cared for with reliable long-term appeal
(2) One-Bedroom, One-Bath Units
• Downstairs 1BR – $2,000/mo: Includes a newly updated kitchen
• Upstairs 1BR – $2,000/mo: Consistently strong tenant demand
Total Monthly Rental Income: $9,300
A shared laundry room adds convenience for residents and offers potential for additional revenue.
Ideally situated within the sought-after Wilshire Square community, this property blends neighborhood charm with urban accessibility. Tenants enjoy close proximity to:
• Bowers Museum and Santa Ana Zoo
• Walkable dining, cafés, and shops along Main Street and Downtown Santa Ana
• Santa Ana College and Mater Dei High School
• Easy access to the 5, 55, and 22 freeways—ideal for commuters
Whether you're a seasoned investor or entering the multi-family market, this fourplex delivers immediate cash flow with long-term upside. With Santa Ana’s ongoing revitalization and sustained rental demand, it’s a strategic addition to any portfolio.
Drive by only—please do not disturb tenants.
Listed by Jeff Pittman
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License #01055333
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Redfin
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714-785-4434
Last updated December 09, 2025
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Source: CRMLS #OC25244242
Listing Facts
TypeMulti-family
NeighborhoodWilshire Square
Days on Prevu50
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/17/2025
Price Decreased
$1,550,000
11/04/2025
Price Decreased
$1,570,000
10/27/2025
Status changed to Active
$1,595,000
10/24/2025
Status changed to Removed from Feed
$1,595,000
10/21/2025
Listed by Redfin
$1,595,000
Property Details for 1405 S Broadway
Association
Amenities
Community Features: Curbs, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1951
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Measurements
Building Area Total: 3,272
Building Area Units: Square Feet
Lot Features: Level
Lot Size Acres: 0.14
Lot Size Area: 6,098
Lot Size Source: Assessor
Lot Size Square Feet: 6,098
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.1
Gross Income: $111,600.00
Operating Expense: $30,200.00
Taxes
Parcel Number: 01317402
Other
Location
Subdivision Name: Other
Tax Lot: 26
Parking
Parking
Garage Spaces: 4
Garage: Yes
Parking Total: 4
Utilities
Equipment
Heating: Forced Air
Has Heating: Yes
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1405 S Broadway.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 1405 S Broadway.
1405 S Broadway is a -bedroom multi-family home for sale in Santa Ana CA 92707. On Prevu for 50 days at $1,550,000. This includes a recent price decrease of $20,000. This property is located in Orange County. The median listing price for multi-family homes in this area is $1,149,000. Property amenities include parking. Explore more multi-family home listings in Orange County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.