924 S Broadway, Santa Ana, CA 92701
924 S Broadway, Santa Ana, CA 92701
924 S Broadway, Santa Ana, CA 92701
924 S Broadway, Santa Ana, CA 92701
924 S Broadway, Santa Ana, CA 92701
924 S Broadway, Santa Ana, CA 92701
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Cameron Ripley

Cameron Ripley

+1(530) 635-0283
$ 829,000
Est. payment | /mo

3 Beds

2 Baths

6,970 Sqft Lot

Save
$ 829,000
Est. payment | /mo
Save

3 Beds

2 Baths

6,970 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26142843

Bedrooms 3

Lot Size 6,970 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

One of those investment opportunities in Santa Ana that has multiple ways to create value. Located in an area with strong rental demand and low vacancy, this property sits on a large, usable 7,000 sq. ft. lot with plenty of room to grow. The property consists of three units: a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and a move-in-ready studio above the rear garage. One of the units is currently vacant, making it a great fit for an owner-occupant looking to offset their mortgage with rental income or an investor looking to lease at market rent. The real story here is the upside. The property includes two separate garage structures that may offer future ADU conversion potential (buyer to verify), giving buyers the opportunity to add additional units and increase income over time. With some improvements, the property has the potential to bring in approximately $6,000 per month in gross rental income. Large lots, multiple units, ample parking, and future development potential are getting harder to find in Santa Ana. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while collecting rent from the others, this property offers flexibility with room to improve and grow.

Location

State CA

County Orange

Zoning Other

Direction CA-57 S, take exit 1A for I-5 S/Santa Ana, follow signs for Main St/Broadway and merge onto N Broadway, Destination will be on t

Interior

Heating Floor Furnace

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 01023214

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

MLS Router / San Diego MLS
Listed by OMAR ANSARI, DRE#01519089 eXp Realty of Greater Los Angeles 

NEARBY SCHOOLS & PROPERTIES

Cameron Ripley

"My mission as your Realtor is to build trust-based relationships and exceed your expectations, ensuring a seamless and rewarding real estate experience."

+1(530) 635-0283

info@visionforwardrealty.com

8150 Sierra College Blvd Ste 130

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924 S Broadway