1810 S Broadway

Off Market

1810 S Broadway

Santa Ana CA 92707

9148 sq. ft.

Multi-Family

Last sold for $1,950,000

Krikor Garabedian, last sold this property on 25 November 2025 after 111 days on market.

Overview

1810 S Broadway presents a rare opportunity to acquire a well-located, value-driven 8-unit apartment building in the heart of Santa Ana. Built in 1987 and offered at just $255 per square foot, this asset delivers immediate income and long-term upside in one of Orange Countys most dynamic rental markets. Each unit boasts over 1,000 square feet of living space, configured as 3-bedroom, 1-bathroom floor plans with oversized private balconies nearing 250 SFa feature rarely found in comparable product. The property offers ample parking with 17 on-site spaces, allowing each unit to have two dedicated spaces, a highly attractive amenity for tenants. With a seasoned, long-term tenant base, the property enjoys zero vacancy and historically low turnover, fostering a tight-knit community feel. The asset currently operates at an attractive 11 GRM and 5.5% cap rate, with rents below market and room for growth through strategic renovations or repositioning. While the property is performing well operationally, the building would benefit from continued maintenance, systems upgrades and cosmetic improvements. This is an ideal acquisition for investors seeking a stable, seasoned tenant base with immediate cash flow, below-market rents, and multiple paths to value creation. Dont miss this rare chance to own a unique building with oversized units, and built-in community.

Features

3 bedrooms

1 bathroom

9148 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 3 bedroom multi families sold in Santa Ana over the last 12 months.

Property history for 1810 S Broadway

2025

Sold

$1,950,000

25 Nov 2025 by Krikor Garabedian, of Keller Williams R. E. Services

2016

Sold

$461,692

21 Jan 2016

Happy sellers in Santa Ana

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Local market activity for 3 bedroom multi families in Santa Ana

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Santa Ana for a market analysis.

Ed Mecheal

at Realty ONE Group West | Laguna Niguel

(64 reviews)

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Stephenie Ramirez

at Berkshire Hathaway HomeServices California Properties (Santa Ana, 92705)

(14 reviews)

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Richard Green

at Re/Max TerraSol

(3 reviews)

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Martin Cueva

at Advance Realty

(46 reviews)

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Nearby agents

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Ed Mecheal

Sellers who recommend Ed Mecheal have praised them for being local expert, patient, responsive, clear communication, honest, detail-oriented, and friendly