$11,000,000
1212 N Broadway Santa Ana, CA 92701
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$11,000,000
Est. payment /mo
20,780 SqFt
Active
1212 N Broadway Santa Ana, CA 92701
UPDATED:
10/21/2024 10:40 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 20,780 sqft
Price per Sqft $529
MLS Listing ID CRPW24218111
HOA Y/N No
Year Built 1976
Lot Size 1.366 Acres
Acres 1.37
Property 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.
Location
State CA
County Orange
Area Listing
Interior
Fireplace No
Laundry Inside
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 39854113
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Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
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