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313 S Broadway

Santa Ana, CA 92701
  • $1,449,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: OC25042415
Price Reduced
UPDATED: 58 min ago
$1,449,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Jason Kirklen of Kirklen Investment Group (949-942-1300)


Description

The subject property features an extremely desirable unit mix of three, 2-bedroom and two, 1-bedroom units. Situated on a 6,100 square foot lot, the property offers 4 single car garage spaces, a large storage unit for additional income, private balconies for the upstairs units, central HVAC systems and is separately metered for gas and electric. Additionally, the large storage unit can be converted to an ADU and already has utility lines running to this space to make for an easier conversion. The South Broadway Apartments are extremely well located in the strong Santa Ana rental market and just minutes off the 5 and 55 Freeway. The proximity to the freeways will allow tenants to access the greater Orange County and Los Angeles areas quickly and easily. The property is within walking distance of Downtown Santa Ana, which offers residents a variety of shopping, dining, entertainment and occupational opportunities. Additionally, the South Broadway Apartments is conveniently located near many educational institutions such as Santa Ana High School and Lowell Elementary School.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T22:34:25.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160874840
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313 S Broadway Santa Ana, CA 92701

  • Price: $1,449,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 58 min ago
  • ID#: OC25042415
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1955
Built
Neighborhood:
699 - Not Defined
County:
Orange
Area:
699 - Not Defined
Property Description
The subject property features an extremely desirable unit mix of three, 2-bedroom and two, 1-bedroom units. Situated on a 6,100 square foot lot, the property offers 4 single car garage spaces, a large storage unit for additional income, private balconies for the upstairs units, central HVAC systems and is separately metered for gas and electric. Additionally, the large storage unit can be converted to an ADU and already has utility lines running to this space to make for an easier conversion. The South Broadway Apartments are extremely well located in the strong Santa Ana rental market and just minutes off the 5 and 55 Freeway. The proximity to the freeways will allow tenants to access the greater Orange County and Los Angeles areas quickly and easily. The property is within walking distance of Downtown Santa Ana, which offers residents a variety of shopping, dining, entertainment and occupational opportunities. Additionally, the South Broadway Apartments is conveniently located near many educational institutions such as Santa Ana High School and Lowell Elementary School.
Exterior Features

Entry Level 1 Entry Location Front Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 5 Open Parking Spaces 1 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 4.83 Common Interest Community Apartment Community Features CurbsGutter(s)Storm Drain(s)Street LightsSidewalks Electric Expense 884 Fuel Expense 2396 Garage YN Yes Gross Income 106036 Gross Scheduled Income 104676 Insurance Expense 3349 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 5615 Net Operating Income 69372 New Construction YN No New Taxes Expense 17181 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 36107 Pest Control Expense 1015 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1320 Vacancy Allowance Rate 3 Water Sewer Expense 2628 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T22:34:25.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Jason Kirklen of Kirklen Investment Group (949-942-1300)