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.
For sale
Listing Provided by:
Jeff Pittman DRE #01055333 714-785-4434,
Redfin
Price cut: $20K (11/17)
$1,550,000
1405 S Broadway, Santa Ana, CA 92707
6beds
4baths
3,272sqft
Est.:
Quadruplex
Built in 1951
-- sqft lot
$1,540,700 Zestimate®
$474/sqft
$-- HOA
What's special
- 51 days |
- 407 |
- 23 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 05:38pm
Listing Provided by:
Jeff Pittman DRE #01055333 714-785-4434,
Redfin
Source: CRMLS,MLS#: OC25244242
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,272
- Total interior livable area: 3,272 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Features: Level
Details
- Parcel number: 01317402
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Other
Location
- Region: Santa Ana
Financial & listing details
- Price per square foot: $474/sqft
- Tax assessed value: $563,535
- Annual tax amount: $7,114
- Date on market: 10/21/2025
- Cumulative days on market: 51 days
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 111600
Estimated market value
$1,540,700
$1.46M - $1.62M
$3,551/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2025 | Price change | $1,550,000-1.3%$474/sqft |
Source: | ||
| 11/4/2025 | Price change | $1,570,000-1.6%$480/sqft |
Source: | ||
| 10/22/2025 | Listed for sale | $1,595,000+10.4%$487/sqft |
Source: | ||
| 6/24/2024 | Sold | $1,445,000-2%$442/sqft |
Source: | ||
| 6/13/2024 | Pending sale | $1,475,000$451/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $7,114 +1.7% | $563,535 +2% |
| 2014 | $6,995 +1.2% | $552,497 +0.5% |
| 2013 | $6,913 +3.5% | $550,000 +1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,581/mo
Principal & interest
$7656
Property taxes
$1382
Home insurance
$543
Climate risks
Neighborhood: Wilshire Square
Nearby schools
GreatSchools rating
- 6/10Martin Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Julia C. Lathrop Intermediate SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Saddleback High SchoolGrades: 7-12Distance: 1.4 mi
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