1212 N Broadway
Santa Ana, CA 92701
1.37 acres | #PW24218111
Description
The offering comprises 1212 North Broadway, a completely remodeled 30-unit building, as well as 300 West Washington Boulevard, a large 0.48-acre parking lot on a separate parcel that is partially leased to a neighboring school and generates significant income. Currently operated as VRBO short-term rentals, 1212 North Broadway offers a new investor the unique opportunity to reposition a pride-of-ownership asset.
The building boasts a memorable New Orleans-style facade that leads to a stunning courtyard, two stories of virtually brand new apartments, and a separate 500-square foot office. The apartment building offers 20 one-bed/one-baths and 10 two-bed/two-baths, each with in-unit laundry, mini splits, new appliances, modern baths, and upgraded finishes.
The apartments’ enviable interiors are poised to attract a strong tenant base; well-located in the heart of Santa Ana near the city’s historic downtown and Orange County’s civic center, 1212 North Broadway is within walking distance of major employers, schools, including the OC School of the Arts, and the upcoming OC Streetcar line set to open in 2025.
Property Details
- Lot DescriptionLotOver40000Sqft
- Stories2
Measurements
- Acres1.3659
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1976
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- Subdivision, n/na
Location
- CountyOrange
Financial Details
- Original List Price$11,000,000
Other
- MLS #PW24218111
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Bogoyevac (#PBOYOSTE)
Listing Office: Steven M. Bogoyevac, Broker (#PB13351)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
