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 addition to any portfolio.
Don't miss this turnkey 4-unit investment in a high-demand rental corridor of Orange County.
Drive by only, do not disturb the tenants.
Listed by Jeff Pittman
·
License #01055333
·
Redfin
·
714-785-4434
Last updated October 23, 2025
·
Source: CRMLS #OC25244242
Listing Facts
TypeMulti-family
NeighborhoodWilshire Square
Days on Prevu3
Amenities
Parking
Location
Mortgage Calculator
Listing History
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
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.