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Listed by: Ali Jahanshahi (949) 677-9631 DRE #01712904 | Keller Williams Realty Hollywood Hills (310) 623-1300
$1,535,000
6 Beds
- 4 Baths
3,272sqft
1405 S Broadway, Santa Ana, CA 92707
$1,535,000
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Mixed Use
Built in 1951
$-- HOA
6,098 sqft lot
$469/sq.ft
Description
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. ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1951
HOA Fees
-
Finished Area
3,272 sqft
Lot Size
6,098 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
OC26170439
MLS Status
Active
Days on Market
23
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