924 S Broadway Santa Ana, CA 92701
6,969 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID IV26142843
HOA Y/N No
Year Built 1940
Lot Size 6,969 Sqft
Property Sub-Type Duplex
Property Description
The property consists of three units: a 2-bedroom, 1-bath unit, a 1-bedroom, 1-bath unit, and a move-in-ready studio above the rear garage. One of the units is currently vacant, making it a great fit for an owner-occupant looking to offset their mortgage with rental income or an investor looking to lease at market rent.
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 $6,000 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 the others, this property offers flexibility with room to improve and grow.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Interior Features Attic, Bedroom on Main Level
Heating Floor Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Direct Access, Driveway, Garage
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 12
Private Pool No
Building
Lot Description Front Yard, Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 01023214
Acceptable Financing Cash, Conventional, FHA, Fannie Mae
Listing Terms Cash, Conventional, FHA, Fannie Mae
Special Listing Condition Standard, Trust
