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1212 N Broadway
Santa Ana, CA 92701

Multifamily Property For Sale · 30 Units

Investment Highlights

  • Fantastic opportunity to acquire a turnkey apartment building in prime Downtown Santa Ana currently operated as VRBO's
  • Offering includes a second parcel with a large 0.48-acre parking lot that is partially leased to a neighboring school and generates income
  • Units are in immaculate condition and feature upgraded finishes, mini splits, new appliances, in-unit laundry, modern baths, and more
  • Not subject to Santa Ana rent control
  • Apartment building features 20 one-bed/one-bath units, 10 two-bed/two-bath units, a 500-square foot office, and a stunning courtyard
  • Excellent location in the heart of Downtown Santa Ana

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class A
Lot Size 1.37 AC
Building Size 20,780 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1976/2021
Parking Ratio 3.71/1,000 SF

Unit Amenities

  • Air Conditioning
  • Washer/Dryer
  • Granite Countertops
  • Stainless Steel Appliances

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - -
2+2 10 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 398-541-10
  • 398-541-13
Land Assessment
$1,104,877
Improvements Assessment
$1,723,817
Total Assessment
$2,828,694

zoning

Zoning Code SP3 (Midtown Specific Pla
SP3 (Midtown Specific Pla
  • Listing ID: 33586304

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 1212 N Broadway, Santa Ana, CA 92701

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