Property Details
About this Property
Exceptional Investment Opportunity in Santa Ana’s Historic Wilshire Square. This fully occupied fourplex offers strong, stable cash flow with projected rental income of approximately $9,800 per month and a high cap rate that outperforms many comparable multifamily investments in the area. With separately metered utilities, owner expenses remain low while a reliable tenant base provides immediate income from day one—making this an ideal opportunity for both seasoned investors and those entering the multifamily market. The property features a well-balanced unit mix consisting of two spacious 2-bedroom/1-bath units and two efficient 1-bedroom/1-bath units. The recently remodeled downstairs 2-bedroom unit rents for $2,800 per month, while the upstairs 2-bedroom unit is currently being upgraded and projected to lease for $3,000 per month once complete. Both 1-bedroom units are leased at $2,000 per month each, with one unit featuring a newly updated kitchen. One unit is currently vacating, creating the opportunity to secure the new $3,000 lease and increase total monthly income from $9,300 to approximately $9,800. A shared on-site laundry room provides added convenience for tenants and potential additional revenue for ownership. Location is another key advantage. Positioned within the
MLS Listing Information
MLS #
CROC26048328
MLS Source
California Regional MLS
Days on Site
5
Interior Features
Heating
Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
Contact Information
Listing Agent
Maryam Amiri
Redfin
License #: 01804754
Phone: –
Co-Listing Agent
Christopher Bistolas
Redfin
License #: 01838313
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1405 S Broadway is a Residential Income in Santa Ana, CA 92707. This – square foot property sits on a 6,098 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,535,000 and was built in 1951. This address can also be written as 1405 S Broadway, Santa Ana, CA 92707.
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This listing information is up-to-date as of March 11, 2026. For the most current information, please contact Maryam Amiri
