Skip main navigation
For sale
    • Listed by: Keller Williams Realty Hollywood Hills • Ali Jahanshahi • Contact: 949-677-9631
    $1,535,000

    1405 S Broadway, Santa Ana, CA 92707

    6beds
    4baths
    3,272sqft
    : 
    $9,510/mo
    Get pre-qualified
    Mixed Use
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $469/sqft
    $-- HOA

    What's special

    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.
    20 days
    |
    163
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ali Jahanshahi DRE #01712904 949-677-9631,

    Keller Williams Realty Hollywood Hills

    Source: CRMLS,MLS#: OC26170439MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dryer, Washer
      • Laundry: Common Area, Laundry Room, Outside
      Features
      • Balcony, Ceiling Fan(s)
      • Flooring: Carpet, Tile
      • Windows: Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,272
      • Total interior livable area: 3,272 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Assigned, Garage, On Site, Private
      • Garage spaces: 4
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Street level
      • Pool features: None
      • Fencing: Wood,Wrought Iron
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 6,098 Square Feet
      • Features: Front Yard, Lawn
      Details
      • Parcel number: 01317402
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Drywall, Frame, Glass, Concrete
      • Foundation: Combination
      Condition
      • Turnkey
      • New construction: No
      • Year built: 1951

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: None
      Location
      • Region: Santa Ana

      Financial & listing details

      • Price per square foot: $469/sqft
      • Annual tax amount: $17,022
      • Date on market: 8/4/2026
      • Listing terms: Cash,Cash to New Loan,Conventional,FHA,Freddie Mac,Government Loan,Private Financing Available,Submit
      • Total actual rent: 9450
      • Tenant pays: Cable TV, Electricity, Gas
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,015/mo

        Price history

        DateEventPrice
        8/5/2026Listed for sale$1,535,000+6.2%$469/sqft
        Source: CRMLS #OC26170439 Report a problem
        6/24/2024Sold$1,445,000-2%$442/sqft
        Source: CRMLS #PW24072696 Report a problem
        6/13/2024Pending sale$1,475,000$451/sqft
        Source: CRMLS #PW24072696 Report a problem
        6/5/2024Listed for sale$1,475,000$451/sqft
        Source: CRMLS #PW24072696 Report a problem
        5/16/2024Contingent$1,475,000$451/sqft
        Source: CRMLS #PW24072696 Report a problem
        4/12/2024Listed for sale$1,475,000$451/sqft
        Source: CRMLS #PW24072696 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Wilshire Square

        Getting around

        82 / 100
        Very Walkable
        46 / 100
        Some Transit
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Santa Ana Topics

                Search
                Updates
                Favorites
                Plan
                Inbox