1405 S Broadway Santa Ana, CA 92707
Mid-City NeighborhoodEstimated payment $9,856/month
Highlights
- Lawn
- Neighborhood Views
- Double Pane Windows
- No HOA
- Balcony
- Cooling System Mounted To A Wall/Window
About This Home
Unbeatable Cash-Flow Fourplex in Santa Ana’s Historic Wilshire Square! This turnkey asset is built for maximum passive income, generating a strong $9,450 per month ($113,400 annually) with a high cap rate that outperforms comparable local multifamily investments. Operating expenses stay extremely low thanks to separately metered electric, gas, and water utilities. The fully occupied property features a high demand unit mix consisting of a remodeled downstairs 2-bedroom/1-bath unit leasing for $2,800 per month, an upgraded upstairs 2-bedroom/1-bath unit leased at $2,650 per month, and two 1-bedroom/1-bath units (featuring updated kitchens) leased at $2,000 per month each. An on site shared laundry room provides added tenant convenience and extra income potential. Huge potential would be converting the garages into 2 ADU's since the garages are free standing to increase the income and building value!!! Positioned just minutes from Downtown Santa Ana, Main Street dining, Bowers Museum, and Santa Ana College, with rapid access to the 5, 55, and 22 freeways, this high performing cash cow ensures rock solid, perpetual tenant demand. Rare opportunities like this don't stay on the market long act fast! Drive by only, please do not disturb tenants.
Listing Agent
Keller Williams Realty Hollywood Hills Brokerage Phone: 949-677-9631 License #01712904 Listed on: 08/04/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,022
Year Built
- Built in 1951
Lot Details
- 6,098 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Wood Fence
- Lawn
- Front Yard
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Property Attached
- Turnkey
- Combination Foundation
- Fire Rated Drywall
- Frame Construction
- Pre-Cast Concrete Construction
Interior Spaces
- 3,272 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Neighborhood Views
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 1265
- Assessor Parcel Number 01317402
- $600 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Electric Expense $540
- Gardener Expense $960
- Insurance Expense $3,100
- Trash Expense $2,028
- Water Sewer Expense $6,000
- Operating Expense $30,200
- Gross Income $1,800
- Net Operating Income $83,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $17,609 | $1,503,378 | $1,349,047 | $154,331 |
| 2025 | $8,461 | $1,473,900 | $1,322,595 | $151,305 |
| 2024 | $8,461 | $663,999 | $543,275 | $120,724 |
| 2023 | $8,248 | $650,980 | $532,623 | $118,357 |
| 2022 | $8,153 | $638,216 | $522,179 | $116,037 |
| 2021 | $7,967 | $625,702 | $511,940 | $113,762 |
| 2020 | $7,978 | $619,287 | $506,691 | $112,596 |
| 2019 | $7,830 | $607,145 | $496,756 | $110,389 |
| 2018 | $7,542 | $595,241 | $487,016 | $108,225 |
| 2017 | $7,478 | $583,570 | $477,467 | $106,103 |
| 2016 | $7,333 | $572,128 | $468,105 | $104,023 |
| 2015 | $7,240 | $563,535 | $461,074 | $102,461 |
| 2014 | $7,114 | $552,497 | $452,043 | $100,454 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/04/2026 08/04/26 | For Sale | $1,535,000 | +6.2% | $469 / 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,445,000 | Pacific Coast Title | |
| Grant Deed | $550,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $389,000 | Fidelity National Title Ins | |
| Grant Deed | -- | Fidelity National Title Ins | |
| Grant Deed | -- | -- | |
| Grant Deed | $270,000 | Gateway Title Company | |
| Grant Deed | $189,000 | Gateway Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,286,050 | New Conventional | |
| Previous Owner | $332,100 | New Conventional | |
| Previous Owner | $385,000 | New Conventional | |
| Previous Owner | $315,791 | Credit Line Revolving | |
| Previous Owner | $291,750 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26170439
APN: 013-174-02
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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