1405 S Broadway
Description
Discover an exceptional, fully-rented fourplex in the charming and historic Wilshire Square neighborhood of Santa Ana. This well-maintained property features four separately metered units (gas and electric), providing stable income with minimal owner expenses. Unit Mix & Current Rents
(2) Two-Bedroom, One-Bath Units
• Downstairs 2BR – $2,800/mo: Recently remodeled by previous owner
• Upstairs 2BR –...High Cap rate, prime 4-Unit Investment Opportunity in Wilshire Square – Strong Income & Ideal Location
Discover an exceptional, fully-rented fourplex in the charming and historic Wilshire Square neighborhood of Santa Ana. This well-maintained property features four separately metered units (gas and electric), providing stable income with minimal owner expenses. Unit Mix & Current Rents
(2) Two-Bedroom, One-Bath Units
• Downstairs 2BR – $2,800/mo: Recently remodeled by previous owner
• Upstairs 2BR – $2,500/mo: Well cared for with reliable long-term appeal
(2) One-Bedroom, One-Bath Units
• Downstairs 1BR – $2,000/mo: Includes a newly updated kitchen
• Upstairs 1BR – $2,000/mo: Consistently strong tenant demand
Total Monthly Rental Income: $9,300
A shared laundry room adds convenience for residents and offers potential for additional revenue. Ideally situated within the sought-after Wilshire Square community, this property blends neighborhood charm with urban accessibility. Tenants enjoy close proximity to:
• Bowers Museum and Santa Ana Zoo
• Walkable dining, cafés, and shops along Main Street and Downtown Santa Ana
• Santa Ana College and Mater Dei High School
• Easy access to the 5, 55, and 22 freeways—ideal for commuters
Whether you're a seasoned investor or entering the multi-family market, this fourplex delivers immediate cash flow with long-term upside. With Santa Ana’s ongoing revitalization and sustained rental demand, it’s a strategic addition to any portfolio. Drive by only—please do not disturb tenants.
- Listed by Jeff Pittman • DRE #01055333 • Brokerage DRE #01521930 • Redfin • 714-785-4434
Property Details for 1405 South Broadway
Property Details for 1405 South Broadway
| Status | Active |
|---|---|
| MLS # | OC25275467 |
| Days on Market | 1 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1951 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Orange County |
Location
Building Information for 1405 South Broadway
Payment Calculator
$9,077 per month
30 year fixed, 6.28% Interest
$7,610
$1,467
$0
Property Information for 1405 South Broadway
- Gross Income: $111,600
- Gross Scheduled Income: $111,600
- Gross Operating Income: $111,600
- Net Operating Income: $81,400
- Cap Rate: 5.3
- Operating Expense: $30,200
- New Taxes Expense: $17,022
- Gardener Expense: $960
- Licenses Expense: $550
- Electric Expense: $540
- Insurance Expense: $3,100
- Trash Expense: $2,028
- Water Sewer Expense: $6,000
- Total Expenses: $30,200
- Tax Tract Number: 1265
- CFD/Mello-Roos Fee: $1,072
- Tax Lot: 26
- Assessments YN: Yes
- Assessments: Buyer to Verify
- Community Features: Curbs, Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Heating Type: Forced Air
- Heating: Forced Air
- Heat Equipment: Forced Air Unit
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Lot Features: Level
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 4
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Builders Tract Name: Other
- Builders Tract Code: Other (OTHR)
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,800
- Unit Type Total Rent: $2,800
- Unit Type Pro Forma: 2800
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,500
- Unit Type Total Rent: $2,500
- Unit Type Pro Forma: 2800
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,000
- Unit Type Total Rent: $2,000
- Unit Type Pro Forma: 2000
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,000
- Unit Type Total Rent: $2,000
- Unit Type Pro Forma: 2000
- Unit Type Type: 4
- Number Of Units Leased: 4
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
Property History for 1405 South Broadway
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 12, 2025 | Withdrawn / Cancelled SDMLS #OC25244242 | $1,550,000 | — |
| Dec 12, 2025 | Listed (Active) CRMLS #OC25275467 | $1,540,000 | — |
| Dec 12, 2025 | Withdrawn / Cancelled CLAW #OC25244242MR | — | |
| Dec 12, 2025 | Listed (Active) SDMLS #OC25275467 | $1,540,000 | — |
| Dec 12, 2025 | Withdrawn / Cancelled CRMLS #OC25244242 | $1,550,000 | — |
| Dec 12, 2025 | Listed (Active) CLAW #OC25275467MR | $1,540,000 | — |
| Nov 17, 2025 | Price Change CLAW #OC25244242MR | $1,550,000 | — |
| Nov 4, 2025 | Price Change CLAW #OC25244242MR | $1,570,000 | — |
| Nov 4, 2025 | Price Change CRMLS #OC25244242 | $1,570,000 | — |
| Nov 3, 2025 | Price Change SDMLS #OC25244242 | $1,570,000 | — |
| Oct 21, 2025 | Listed (Active) SDMLS #OC25244242 | $1,595,000 | — |
| Oct 21, 2025 | Listed (Active) CLAW #OC25244242MR | $1,595,000 | — |
| Oct 21, 2025 | Listed (Active) CRMLS #OC25244242 | $1,595,000 | — |
| Jun 24, 2024 | Sold CLAW #PW24072696MR | $1,445,000 | — |
| Jun 24, 2024 | Sold SDMLS #PW24072696 | $1,445,000 | — |
| Jun 24, 2024 | Sold CRMLS #PW24072696 | $1,445,000 | — |
| Jun 18, 2024 | Sold (Public Record) Public Record #1534697725 | $1,445,000 | +8.7% / yr |
| Jun 13, 2024 | Pending CRMLS #PW24072696 | — | |
| May 14, 2024 | Pending SDMLS #PW24072696 | — | |
| May 14, 2024 | Pending CLAW #PW24072696MR | — | |
| May 14, 2024 | Accepting Backup Offers CRMLS #PW24072696 | — | |
| May 14, 2024 | Accepting Backup Offers CLAW #PW24072696MR | — | |
| Apr 12, 2024 | Listed (Active) CRMLS #PW24072696 | $1,475,000 | — |
| Apr 11, 2024 | Listed (Active) CLAW #PW24072696MR | $1,475,000 | — |
| Apr 11, 2024 | Listed (Active) SDMLS #PW24072696 | $1,475,000 | — |
| Jul 15, 2022 | Withdrawn / Cancelled CRMLS #PW22105167 | $1,400,000 | — |
| Jul 15, 2022 | Withdrawn / Cancelled SDMLS #PW22105167 | — | |
| Jul 15, 2022 | Withdrawn / Cancelled CLAW #PW22105167MR | — | |
| May 19, 2022 | Listed (Active) SDMLS #PW22105167 | $1,400,000 | — |
| May 19, 2022 | Listed (Active) CLAW #PW22105167MR | $1,400,000 | — |
| May 19, 2022 | Listed (Active) CRMLS #PW22105167 | $1,400,000 | — |
| Nov 5, 2012 | Sold (Public Record) Public Record #341942548 | $550,000 | +3.4% / yr |
| Oct 30, 2012 | Sold CLAW #P836118MR | $550,000 | — |
| Oct 30, 2012 | Sold CRMLS #P836118 | $550,000 | — |
| Sep 27, 2012 | Pending CLAW #P836118MR | — | |
| Sep 27, 2012 | Pending CRMLS #P836118 | — | |
| Sep 25, 2012 | Listed (Active) CLAW #P836118MR | $550,000 | — |
| Sep 25, 2012 | Listed (Active) CRMLS #P836118 | $550,000 | — |
| May 30, 2002 | Sold (Public Record) Public Record #93590115 | $389,000 | +5.5% / yr |
| May 30, 2002 | Sold CRMLS #CC231258 | $389,000 | — |
| May 30, 2002 | Sold CLAW #S276141MR | $389,000 | — |
| May 30, 2002 | Sold CRMLS #S276141 | $389,000 | — |
| Apr 1, 2002 | Pending CLAW #S276141MR | — | |
| Apr 1, 2002 | Pending CRMLS #S276141 | — | |
| Mar 22, 2002 | Listed (Active) CRMLS #CC231258 | $389,000 | — |
| Mar 22, 2002 | Listed (Active) CRMLS #S276141 | $389,000 | — |
| Mar 22, 2002 | Listed (Active) CLAW #S276141MR | $389,000 | — |
| Aug 3, 1995 | Sold (Public Record) Public Record #3651781 | $270,000 | — |
| Aug 3, 1995 | Sold (Public Record) Public Record #3651780 | $189,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/12/2025 | Withdrawn / Cancelled SDMLS #OC25244242 | $1,550,000 |
| 12/12/2025 | Listed (Active) CRMLS #OC25275467 | $1,540,000 |
| 12/12/2025 | Withdrawn / Cancelled CLAW #OC25244242MR | — |
| 12/12/2025 | Listed (Active) SDMLS #OC25275467 | $1,540,000 |
| 12/12/2025 | Withdrawn / Cancelled CRMLS #OC25244242 | $1,550,000 |
| 12/12/2025 | Listed (Active) CLAW #OC25275467MR | $1,540,000 |
| 11/17/2025 | Price Change CLAW #OC25244242MR | $1,550,000 |
| 11/04/2025 | Price Change CLAW #OC25244242MR | $1,570,000 |
| 11/04/2025 | Price Change CRMLS #OC25244242 | $1,570,000 |
| 11/03/2025 | Price Change SDMLS #OC25244242 | $1,570,000 |
| 10/21/2025 | Listed (Active) SDMLS #OC25244242 | $1,595,000 |
| 10/21/2025 | Listed (Active) CLAW #OC25244242MR | $1,595,000 |
| 10/21/2025 | Listed (Active) CRMLS #OC25244242 | $1,595,000 |
| 06/24/2024 | Sold CLAW #PW24072696MR | $1,445,000 |
| 06/24/2024 | Sold SDMLS #PW24072696 | $1,445,000 |
| 06/24/2024 | Sold CRMLS #PW24072696 | $1,445,000 |
| 06/18/2024 | Sold (Public Record) Public Record #1534697725 | $1,445,000 +8.7% / yr |
| 06/13/2024 | Pending CRMLS #PW24072696 | — |
| 05/14/2024 | Pending SDMLS #PW24072696 | — |
| 05/14/2024 | Pending CLAW #PW24072696MR | — |
| 05/14/2024 | Accepting Backup Offers CRMLS #PW24072696 | — |
| 05/14/2024 | Accepting Backup Offers CLAW #PW24072696MR | — |
| 04/12/2024 | Listed (Active) CRMLS #PW24072696 | $1,475,000 |
| 04/11/2024 | Listed (Active) CLAW #PW24072696MR | $1,475,000 |
| 04/11/2024 | Listed (Active) SDMLS #PW24072696 | $1,475,000 |
| 07/15/2022 | Withdrawn / Cancelled CRMLS #PW22105167 | $1,400,000 |
| 07/15/2022 | Withdrawn / Cancelled SDMLS #PW22105167 | — |
| 07/15/2022 | Withdrawn / Cancelled CLAW #PW22105167MR | — |
| 05/19/2022 | Listed (Active) SDMLS #PW22105167 | $1,400,000 |
| 05/19/2022 | Listed (Active) CLAW #PW22105167MR | $1,400,000 |
| 05/19/2022 | Listed (Active) CRMLS #PW22105167 | $1,400,000 |
| 11/05/2012 | Sold (Public Record) Public Record #341942548 | $550,000 +3.4% / yr |
| 10/30/2012 | Sold CLAW #P836118MR | $550,000 |
| 10/30/2012 | Sold CRMLS #P836118 | $550,000 |
| 09/27/2012 | Pending CLAW #P836118MR | — |
| 09/27/2012 | Pending CRMLS #P836118 | — |
| 09/25/2012 | Listed (Active) CLAW #P836118MR | $550,000 |
| 09/25/2012 | Listed (Active) CRMLS #P836118 | $550,000 |
| 05/30/2002 | Sold (Public Record) Public Record #93590115 | $389,000 +5.5% / yr |
| 05/30/2002 | Sold CRMLS #CC231258 | $389,000 |
| 05/30/2002 | Sold CLAW #S276141MR | $389,000 |
| 05/30/2002 | Sold CRMLS #S276141 | $389,000 |
| 04/01/2002 | Pending CLAW #S276141MR | — |
| 04/01/2002 | Pending CRMLS #S276141 | — |
| 03/22/2002 | Listed (Active) CRMLS #CC231258 | $389,000 |
| 03/22/2002 | Listed (Active) CRMLS #S276141 | $389,000 |
| 03/22/2002 | Listed (Active) CLAW #S276141MR | $389,000 |
| 08/03/1995 | Sold (Public Record) Public Record #3651781 | $270,000 |
| 08/03/1995 | Sold (Public Record) Public Record #3651780 | $189,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1405 South Broadway
Schools near 1405 South Broadway
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 7 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Martin Elementary School PublicK to 5 | ||
Julia C. Lathrop Intermediate School Public6 to 8 | ||
Saddleback High School Public7 to 12 | ||
Cesar E. Chavez High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Redfin, Jeff Pittman, DRE #01055333
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.