924 S Broadway, Santa Ana, CA 92701
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
924 S Broadway,Santa Ana, CA 92701
$815,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: omar ansari
Office: exp realty of greater los angeles888-652-1314
MLS#:IV26142843
Source:CRMLS
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Price summary
- Price:$815,000
About this home
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: 2-bedroom 1-bath unit, a 1-bedroom 1-bath unit, and a move-in-ready studio above the rear garage. Continue collecting income from the occupied 2-bedroom unit while renovating the front 1-bedroom unit and maximizing the studio's rental potential to achieve top market rents. This flexible setup makes it an excellent opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking to maximize cash flow at market rates.
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 $6,200 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 two additional units, this property offers flexibility with room to improve and grow....
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Home facts
- Year built:1940
- Subdivision & Development:Unknown
- Listing ID #:IV26142843
- Added:98 day(s) ago
- Updated:October 08, 2026 at 07:17 AM
Rooms and interior
- Kitchen Description:Gas Range
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Year built:1940
- Lot Features:Front Yard, Rectangular Lot
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$815,000
Features and amenities
- Amenities:Attic, Water Heater
Parking
- Total parking spaces:12
- Parking description:Direct Access, Driveway, Garage
- Garage:Yes
- Garage spaces:8
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