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1405 S BroadwaySanta Ana, CA 92707

For Sale

$1,595,000

Smart Buyer Rebate $15,950

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

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License #01055333

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Redfin

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714-785-4434

Last updated October 23, 2025

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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.

Full MLS Disclaimers

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.