About 1405 S Broadway
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.
Features of 1405 S Broadway
| MLS® # | OC26170439 |
|---|---|
| Price | $1,535,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Acres | 0.14 |
| Year Built | 1951 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1405 S Broadway |
|---|---|
| Area | 69 - Santa Ana South of First |
| Subdivision | NONE |
| City | Santa Ana |
| County | Orange |
| Zip Code | 92707 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 8 |
| Parking | Assigned, Garage, Private, On Site |
| # of Garages | 4 |
| Garages | Assigned, Garage, Private, On Site |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Carpet, Tile |
|---|---|
| Interior Features | Balcony, Ceiling Fan(s) |
| Appliances | Dryer, Washer |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Drywall, Frame, Glass, Concrete |
|---|---|
| Lot Description | Front Yard, Lawn |
| Windows | Double Pane Windows |
| Construction | Drywall, Frame, Glass, Concrete |
| Foundation | Combination |
Additional Information
| Date Listed | July 27th, 2026 |
|---|---|
| Days on Market | 36 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ali Jahanshahi |
|---|---|
| Office | Keller Williams Realty Hollywood Hills |