1405 S Broadway
Santa Ana, CA 92707

$1,535,000

Price

Beds

Baths

3,272 Sq. Ft.

$469 / Sq. Ft.

3,272

Sq. Ft.

$469

per Sq. Ft.

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Description

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...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 historic Wilshire Square neighborhood, you're minutes from the Bowers Museum, Santa Ana Zoo, Santa Ana College, and Mater Dei High School, with the cafés, dining, and energy of Main Street and Downtown Santa Ana nearby. Freeway access to the 5, 55, and 22 makes commuting easy, which keeps vacancy low and demand high. This fourplex blends neighborhood character with urban accessibility—exactly what today's renters want and investors need. 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

Parking Spaces Total

Private Pool

Total Units

4.0

Building Type

Attached

Lot Size Source

Assessor

Living Area

3272

Assessor Parcel Number

013-174-02

Property Attached YN

true

LISTING UPDATED: 02/15/2026 11:06 AM

Property Details for 1405 South Broadway

Status	Active
MLS #	OC26025435
Days on Market	25
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

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Location

Listing Courtesy of Redfin, Jeff Pittman, DRE #01055333

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Building Information for 1405 South Broadway

Stories2Residences-Year Built1951Building Size-Lot Size0.14 AC / 6,098 SF

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$8,948 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,481

Property Taxes

$1,467

HOA Dues

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Property Information for 1405 South Broadway

Income / Expense / Tax Details

Income Details

Gross Income: $111,600
Gross Scheduled Income: $111,600

Gross Operating Income: $111,600
Net Operating Income: $81,400
Cap Rate: 5.3

Expense Details

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 / Assessment Info

Tax Tract Number: 1265
CFD/Mello-Roos Fee: $1,072

Tax Lot: 26

Community / Development

Assessments YN: Yes
Assessments: Buyer to Verify

Community Features: Curbs, Sidewalks

Property / Structure Info

Interior Features

Laundry: Yes
Laundry Features: Common Area

Heating Type: Forced Air
Heating: Forced Air
Heat Equipment: Forced Air Unit

Exterior Features

Entry Location: Front
Pool Features: None

Pool Description: None
Pool: N/K
Pool Heat: N/K

Land/Lot Info

Lot Features: Level
Number Of Units: 4

Land Lease: No
Land Lease Type: Fee
Levels: Two
Water: Public
Sewer: Public Sewer
Water Source: Public

Parking Info

Garage Spaces: 4
Parking Garage Spaces: 4

Carport Spaces: 0

Property / Structure Info

Builders Tract Name: Other
Builders Tract Code: Other (OTHR)

Residential Styles: Res Income 2-4 Units

Unit Information

Unit 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: $2,800
Unit Type Total Rent: $2,800
Unit Type Pro Forma: 2800
Unit Type Type: 1

Unit 2

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 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: 3

Unit 4

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

Unit Information

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
Feb 15, 2026	Price Change CLAW #OC26025435MR	$1,535,000	—
Feb 15, 2026	Price Change CRMLS #OC26025435	$1,535,000	—
Feb 14, 2026	Price Change SDMLS #OC26025435	$1,535,000	—
Feb 3, 2026	Listed (Active) SDMLS #OC26025435	$1,540,000	—
Feb 3, 2026	Listed (Active) CLAW #OC26025435MR	$1,540,000	—
Feb 3, 2026	Listed (Active) CRMLS #OC26025435	$1,540,000	—
Feb 2, 2026	Withdrawn / Cancelled SDMLS #OC25275467	$1,540,000	—
Feb 2, 2026	Hold SDMLS #OC25275467	$1,540,000	—
Feb 2, 2026	Withdrawn / Cancelled CRMLS #OC25275467	$1,540,000	—
Feb 2, 2026	Withdrawn / Cancelled CLAW #OC25275467MR		—
Jan 2, 2026	Accepting Backup Offers CRMLS #OC25275467		—
Jan 2, 2026	Accepting Backup Offers CLAW #OC25275467MR	$1,540,000	—
Jan 2, 2026	Accepting Backup Offers SDMLS #OC25275467		—
Dec 12, 2025	Withdrawn / Cancelled SDMLS #OC25244242	$1,550,000	—
Dec 12, 2025	Listed (Active) CLAW #OC25275467MR	$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) CRMLS #OC25275467	$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 CLAW #PW22105167MR		—
Jul 15, 2022	Withdrawn / Cancelled SDMLS #PW22105167		—
Jul 15, 2022	Withdrawn / Cancelled CRMLS #PW22105167	$1,400,000	—
May 19, 2022	Listed (Active) SDMLS #PW22105167	$1,400,000	—
May 19, 2022	Listed (Active) CRMLS #PW22105167	$1,400,000	—
May 19, 2022	Listed (Active) CLAW #PW22105167MR	$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) CLAW #S276141MR	$389,000	—
Mar 22, 2002	Listed (Active) CRMLS #CC231258	$389,000	—
Mar 22, 2002	Listed (Active) CRMLS #S276141	$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
02/15/2026	Price Change CLAW #OC26025435MR	$1,535,000
02/15/2026	Price Change CRMLS #OC26025435	$1,535,000
02/14/2026	Price Change SDMLS #OC26025435	$1,535,000
02/03/2026	Listed (Active) SDMLS #OC26025435	$1,540,000
02/03/2026	Listed (Active) CLAW #OC26025435MR	$1,540,000
02/03/2026	Listed (Active) CRMLS #OC26025435	$1,540,000
02/02/2026	Withdrawn / Cancelled SDMLS #OC25275467	$1,540,000
02/02/2026	Hold SDMLS #OC25275467	$1,540,000
02/02/2026	Withdrawn / Cancelled CRMLS #OC25275467	$1,540,000
02/02/2026	Withdrawn / Cancelled CLAW #OC25275467MR	—
01/02/2026	Accepting Backup Offers CRMLS #OC25275467	—
01/02/2026	Accepting Backup Offers CLAW #OC25275467MR	$1,540,000
01/02/2026	Accepting Backup Offers SDMLS #OC25275467	—
12/12/2025	Withdrawn / Cancelled SDMLS #OC25244242	$1,550,000
12/12/2025	Listed (Active) CLAW #OC25275467MR	$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) CRMLS #OC25275467	$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 CLAW #PW22105167MR	—
07/15/2022	Withdrawn / Cancelled SDMLS #PW22105167	—
07/15/2022	Withdrawn / Cancelled CRMLS #PW22105167	$1,400,000
05/19/2022	Listed (Active) SDMLS #PW22105167	$1,400,000
05/19/2022	Listed (Active) CRMLS #PW22105167	$1,400,000
05/19/2022	Listed (Active) CLAW #PW22105167MR	$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) CLAW #S276141MR	$389,000
03/22/2002	Listed (Active) CRMLS #CC231258	$389,000
03/22/2002	Listed (Active) CRMLS #S276141	$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

Taxable ValueLand$1,322,595Additions$151,305Total$1,473,900

Tax Record2025$17,609 ($1,467 / month)

Home Facts

Total Finished SqFt3,273 SqFtAbove Grade Finished SqFt3,273 SqFtStories2Lot Size6,150 SqFtStyleQuadraplexYear Built1951CountyORANGEAPN013-174-02

Schools near 1405 South Broadway

This home is within Santa Ana Unified School District.


Rating	School	Type	Grades	Distance
6/10	Martin Elementary School	Public - Serves this home	K to 5	0.6 mi
3/10	Julia C. Lathrop Intermediate School	Public - Serves this home	6 to 8	0.3 mi
4/10	Saddleback High School	Public - Serves this home	7 to 12	1.5 mi
1/10	Cesar E. Chavez High School	Public - Choice school	9 to 12	0.7 mi
5/10	Edward B. Cole Academy	Charter - Nearby school	K to 5	1.1 mi
5/10	Advanced Learning Academy	Charter - Choice school	K to 12	1.2 mi
NR	St. Anne	Private - Nearby school	PK to 8	0.1 mi
NR	Mater Dei High School	Private - Nearby school	9 to 12	0.9 mi


Rating	School	Distance
6/10	Martin Elementary School PublicK to 5 Serves this home	0.6 mi
3/10	Julia C. Lathrop Intermediate School Public6 to 8 Serves this home	0.3 mi
4/10	Saddleback High School Public7 to 12 Serves this home	1.5 mi
1/10	Cesar E. Chavez High School Public9 to 12 Choice school	0.7 mi
5/10	Edward B. Cole Academy CharterK to 5 Nearby school	1.1 mi
5/10	Advanced Learning Academy CharterK to 12 Choice school	1.2 mi
NR	St. Anne PrivatePK to 8 Nearby school	0.1 mi
NR	Mater Dei High School Private9 to 12 Nearby school	0.9 mi

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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More information about 1405 South Broadway, Santa Ana, CA 92707

1405 South Broadway is a multi-family home for sale in Santa Ana, CA 92707. This property was listed for sale on February 3, 2026 by Redfin, it's currently listed at $1,535,000. It has been on the market for a total of 25 days and was last sold on June 24, 2024. This listing's school district is Santa Ana Unified School District. Nearby schools include Martin Elementary School, Julia C. Lathrop Intermediate School and Saddleback High School. 1405 South Broadway is a 6-bed, 4-bath, 3,272 sqft multi-family home built in 1951.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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.

1405 S BroadwaySanta Ana, CA 92707

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More information about 1405 South Broadway, Santa Ana, CA 92707

1405 S Broadway
Santa Ana, CA 92707