1405 S Broadway Santa Ana, CA 92707
Mid-City NeighborhoodEstimated payment $9,633/month
Highlights
- Laundry Room
- Forced Air Heating System
- Level Lot
About This Home
High Cap rate, 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.
Listing Agent
Jeff Pittman
Redfin Brokerage Phone: 714-785-4434 License #01055333 Listed on: 12/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,272 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 1265
- Assessor Parcel Number 01317402
- $1,072 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $540
- Gardener Expense $960
- Insurance Expense $3,100
- Trash Expense $2,028
- Water Sewer Expense $6,000
- New Taxes Expense $17,022
- Operating Expense $30,200
- Gross Income $111,600
- Net Operating Income $81,400
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/12/2025 12/12/25 | For Sale | $1,540,000 | +6.6% | $471 / Sq Ft | |
| 06/24/2024 06/24/24 | Sold | $1,445,000 | -2.0% | $442 / Sq Ft | View Prior Sale |
| 05/14/2024 05/14/24 | Pending | -- | -- | -- | |
| 04/12/2024 04/12/24 | For Sale | $1,475,000 | +168.2% | $451 / Sq Ft | |
| 10/30/2012 10/30/12 | Sold | $550,000 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 09/27/2012 09/27/12 | Pending | -- | -- | -- | |
| 09/25/2012 09/25/12 | For Sale | $550,000 | -- | $168 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25275467
APN: 013-174-02
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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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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