1212 N Broadway Active

Santa Ana,CA 92701

$ 11000000

- Bed

- Bath

20780 SqFt


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

Year Built 1976

Lot Size 1.366 Acres

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

Interior

Laundry Inside

Building

Water Public

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