1408 N Broadway St
Santa Ana, CA 92706

Bd   — Ba   9,864 Sqft    176 Days
A rare investment opportunity in Santa Ana, this 1920' s era Spanish-style property has old-world character complimented with extraordinary investment dynamics. The Broadway Property is on the Santa Ana Historical properties list and is located on a low-density street surrounded by affluent professional offices, similar high-character apartments, and an adjoining vacant parcel. Capital improvements include copper plumbing, upgraded windows, upgraded ducting, and recent exterior painting. The interiors welcome tenants with hardwood and tile flooring, a large living room, and a separate bathtub and shower. All twelve one-bedroom units average 800+ sq. ft. and long term tenants have kept rents low at an average of $1,050. Two June '16 vacancies were rented for $1,295 (without adding improvements), proving the business plan of raising rents to substantially increase cash flow.
  • $0 HOA
  • $246/Sqft
  • MLS#PW16123026 provided by Gary Tolfa of Investment Property Group
  • Movoto last checked CRMLS for new data 6 hours ago
  • CRMLS last updated this listing 8 months ago

Home Features for 1408 N Broadway Street , Santa Ana

Year Built: 1929
Lot Size Acres: 0.28
Lot Size Square Feet: 12245
Lot Size Units: Square Feet
Lot Size Area: 12245
Price Per Square Foot: 245.84
Tax Lot: 6
Tax Tract Number: 310
Parcel Number: 39852217
Special Listing Conditions: Standard
Standard Status: Closed
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About Selling

Property History for 1408 N Broadway Street, Santa Ana

Status
Date
Price
Sold
Nov 30, 2016
$2,425,000
Pending
Sep 8, 2016
Listed
Jun 7, 2016
$2,425,000
#PW16123026

Refinance Rates for 1408 N Broadway Street, Santa Ana

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Real Estate Market Statistics for 1408 N Broadway Street, Santa Ana

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1408 N Broadway Street

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List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2.42M

1408 N Broadway Street

$674K

92706

-3% y/y

92706

$539K

Santa Ana

-1% y/y

Santa Ana

See all trends for Santa Ana
As of today, there are 45 properties listed for sale in ZIP code 92706 and 226 properties listed for sale in the city of Santa Ana, CA. This property at 1408 N Broadway St in 92706 was last listed for $2,425,000. This is 350% above the current $539,450 median price for Santa Ana and 259% above the median of $674,900 for 92706. Of the 226 properties for sale in Santa Ana, 147 are single family homes and 79 are condos. 1408 N Broadway St is a multi family home that is approximately 9,864 Sqft, 619% above the Santa Ana median of 1,372 and 481% above the 92706 ZIP code median of 1,697. The price per square foot was $246 which is 37% below the current median price in 92706 of $390 and 32% below the Santa Ana median of $363 per Sqft.
Built in 1929, this multi family house at 1408 N Broadway St, Santa Ana CA, 92706 is approximately 9,864 square feet and comes with 11 parking spots. It was last listed with a cost per Sqft of $246. 1408 N Broadway St is located in the Willard neighborhood in the Santa Ana Unified School District. The closest school is Willard Intermediate School.

1408 N Broadway St, Santa Ana CA, 92706 was on the market for 176 days. The median days on the market for properties in this area is 39 with a median list price of $539,450 and median cost per square foot of $363. Its current status is sold under the MLS #PW16123026.

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