1408 N Broadway St
Santa Ana, CA 92706

Bd   — Ba   9,864 Sqft
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.
  • Neighborhood: Willard
  • Days on Movoto: 139
  • Year Built: 1929
  • HOA:
  • $/Sqft: $246
  • Lot: 12,245 Sqft
  • Property Type: Single Family
  • MLS#: PW16123026
  • MLS:
  • Listing Office: Investment Property Group
  • Listing Broker: Gary Tolfa
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 1 month ago

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

Santa Ana, California

Total Inventory For Sale

314 Homes

+3% m/m -20% y/y

Median List Price


0% m/m -1% y/y

Median Days On Market

49 Days

+2% m/m -9% y/y

Median House Size

1,364 Sqft

0% m/m -10% y/y

Median Price Per Square Foot

$348 /Sqft

0% m/m +2% y/y

Median Price

As of today, there are 47 properties listed for sale in ZIP code 92706 and 314 properties listed for sale in the city of Santa Ana, CA. This property at 1408 N Broadway St in 92706 is currently listed for $2,425,000. This is 385% above the $499,900 median price for Santa Ana and 255% above the 92706 median of $684,000. Of the 314 properties for sale in Santa Ana, 217 are single family homes and 97 are condos. 1408 N Broadway St is a single family home that is approximately 9,864 Sqft, 623% above the Santa Ana median of 1,364 and 444% above the 92706 ZIP code median of 1,813. The price per Sqft is $246, which is 25% below the median price in 92706 of $326 and 29% below the Santa Ana median of $348 per Sqft.

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Built in 1929, this single family house at 1408 N Broadway St is approximately 9,864 square feet and comes with 22 parking spots. It is listed on 06/07/2016 for $2,425,000 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 has been on the market for 139 days. The median days on the market for properties in this area is 49 with a median list price of $499,900 and median cost per square foot of $348. It's currently listed as pending under the MLS #PW16123026.

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