Active

1212 N Broadway

Santa Ana CA, 92701

$11,000,000


$529.36 per sqft

Active

20,780 sqft

Multi-family

Built in 1976

Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker [email protected]

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.

PW24218111

MLS ID

October 21, 2024

Listed

December 5, 2024

Updated

Map

1212 N Broadway
Santa Ana CA, 92701

Interior Features

Total Stories

2


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

1.37 Acres


Lot Features

Lot Over 40000 Sqft


Sewer

Public Sewer

Other Property Details

Area Name

70 - Santa Ana North of First


Days on Market

44


Garage

No


Parking Total

77


View

No


County

Orange


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 562-436-5800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 9:34 AM UTC

 

Powered byLuxury Presence