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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 FEATURES

Sewer: Public Sewer Water Source: Public
Uncovered Spaces: 77.00 # of Parking Spaces: 77.00
Lot Features: Lot Over 40000 Sqft
Parcel Identification Number: 39854113
Year Built Source: Assessor
Common Walls: No Common Walls Laundry Features: Inside Laundry: Has Laundry
MLSAreaMajor: 70 - Santa Ana North of First

PROPERTY DETAILS

Street Address: 1212 N Broadway
City: Santa Ana
State: California
Postal Code: 92701
County: Orange
MLS Number: PW24218111
Year Built: 1976
Courtesy of Steven M. Bogoyevac, Broker

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