Rare ROI opportunity in Santa Ana's Wilshire Square—this fully occupied fourplex is delivering exceptional returns with a projected $9,800/month in rental income and a high cap rate that outperforms the market. With separately metered utilities keeping owner expenses minimal and a proven tenant base already in place, this property offers immediate cash flow from day one. Whether you're scaling your multifamily portfolio or making your first investment move, this is the kind of deal that checks every box: strong numbers, solid location, and real upside as Santa Ana continues its revitalization. One unit is currently vacating, opening the door to the new $3,000/month lease that pushes total income from $9,300 to $9,800. This prime 4-unit building features a smart unit mix—two spacious 2-bedroom/1-bath units and two efficient 1-bedroom/1-bath units. The recently remodeled downstairs 2BR is renting for $2,800/month, the upstairs 2BR is being upgraded and will lease at $3,000/month, and both 1BR units (one with a newly updated kitchen) are leased at $2,000/month each. That's $9,800 in stable monthly income. A shared on-site laundry room adds tenant convenience and potential for additional revenue. Location drives value, and this property delivers. Situated in the desirable histo
MLS #
CROC26025435
MLS Source
California Regional MLS
Days on Site
5
Heating
Forced Air
Pool
None
Garage/Parking
Garage: 4 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
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 $1,540,000 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 February 08, 2026. For the most current information, please contact Jeff Pittman, (714) 785-4434