- For Sale $2,395,000
- Property Type Multi-Family
- Property Size 8,800 SF
- Lot Size 9,015 SF
- # of Floors 2
- Parking Spaces Avail. 17
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1987
- Date Updated Aug 21, 2025
1810 S Broadway presents a rare opportunity to acquire a well-located, value-driven 8-unit apartment building in the heart of Santa Ana. Built in 1987 and offered at just $272 per square foot, this asset delivers immediate income and long-term upside in one of Orange County’s most dynamic rental markets.
Each unit boasts over 1,000 square feet of living space, configured as 3-bedroom, 1-bathroom floor plans with oversized private balconies nearing 250 SF—a feature rarely found in comparable product. The property offers sample parking with 17 on-site spaces, allowing each unit to have two dedicated spaces, a highly attractive amenity for tenants.
With a seasoned, long-term tenant base, the property enjoys zero vacancy and historically low turnover, fostering a tight-knit community feel. The asset currently operates at an attractive 11.76 GRM and 5.2% cap rate, with
rents below market and room for growth through strategic renovations or repositioning.
While the property is performing well operationally, buyers should note that the third bedrooms in each unit are non-conforming and were not permitted as part of the original 2-bedroom floor plans. In 2024 significant capital
expenditure was made modifying several of the balconies. The building would benefit from continued maintenance, systems upgrades and cosmetic improvements. This is an ideal acquisition for investors seeking a stable, seasoned tenant base with immediate cash flow, below-market rents, and multiple paths to value creation. Don’t miss this rare chance to own a unique building with oversized units, strong bones, and built-in community.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
80/100
Very Walkable
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Transit Score ®
44/100
Some Transit
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Bike Score ®
55/100
Bikeable
- City Santa Ana, CA
- Neighborhood Bristol Manor
- Zip Code 92707
- Market Orange County
Points of Interest
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Tustin
3.86 miles
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Tustin Metrolink Station
3.87 miles
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Orange
4.55 miles
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Anaheim Regional Transportation Intermodal Center
5.56 miles
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Sunset Boulevard Stop
6.38 miles
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Hollywood East Stop
6.40 miles
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Carthay Circle Stop
6.44 miles
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Buena Vista Street Stop
6.49 miles
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Main Street Station
6.58 miles
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Tomorrowland Station
6.66 miles
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Union 76
1.18 miles
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Shell
1.18 miles
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76
1.40 miles
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Mobil
1.45 miles
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7-Eleven
1.60 miles
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Arco
1.61 miles
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Chevron
1.66 miles
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Electrify America Fast Charging Station - Target Santa Ana, CA
1.70 miles
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EVgo
1.79 miles
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Tustin - Flight Way Supercharger
2.35 miles
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Mater Dei Parking Garage
0.71 miles
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A Plus Tire Club
1.08 miles
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SP+
1.73 miles
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Center Tower Parking Structure
2.20 miles
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Park Center Parking Structure
2.26 miles
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PLaza Tower Parking Structure
2.39 miles
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7
2.42 miles
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8
2.45 miles
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Construction Parking
2.48 miles
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9
2.49 miles
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Comfort Inn & Suites Orange County John Wayne Airport
1.26 miles
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Best Western Plus Orange County Airport North
1.29 miles
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Country Inn & Suites, John Wayne Airport, CA
1.33 miles
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Hampton Inn & Suites Santa Ana/Orange County Airport
1.33 miles
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La Quinta Inn & Suites Orange County Airport
1.38 miles
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Embassy Suites Santa Ana Orange County Airport
1.40 miles
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Holiday Inn Santa Ana-Orange County Airport
1.43 miles
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Motel 6
1.57 miles
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DoubleTree by Hilton Hotel Santa Ana - Orange County Airport
1.63 miles
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Courtyard Santa Ana Orange County
1.70 miles
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McDonald's
0.58 miles
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Tortas y Bionicos "Nice"
0.62 miles
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El Tapatio Dos Mexicanos Grill
0.83 miles
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WaBa Grill
0.94 miles
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Taqueria Jalapeños
0.96 miles
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Panda Express
0.97 miles
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Duck's Donuts
0.99 miles
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Fallas paredes
1.01 miles
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Santa Buffet & Grill
1.02 miles
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Domino's
1.04 miles
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Thomas A Edison Elementary School
0.38 miles
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Saint Annes School
0.40 miles
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George Washington Elementary School
0.56 miles
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Julia C Lathrop Intermediate School
0.67 miles
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Mater Dei High School
0.76 miles
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Monroe School
0.77 miles
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Benjamin Franklin Elementary School
0.77 miles
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James Monroe Elementary School
0.78 miles
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Madison Elementary School
0.81 miles
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Jose Andres Sepulveda Elementary School
0.97 miles
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Kinderland Academy
2.02 miles
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Kiddie Academy
2.50 miles
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Boys & Girls Club of Tustin
2.60 miles
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KinderCare
2.64 miles
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Tustin Community Preschool
2.86 miles
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Edgewood Academy
3.44 miles
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The Leaning Spot
4.35 miles
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Adventures in Learning
5.12 miles
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Our Saviours Childrens Center
5.54 miles
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University Montessori
6.06 miles
Frequently Asked Questions
The space currently listed for sale at 1810 S Broadway, Santa Ana, CA 92707 asks for $2,395,000.
1810 S Broadway, Santa Ana, CA 92707 totals 8,800 square feet.
1810 S Broadway, Santa Ana, CA 92707 was built in 1987.
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KW Commercial | Kirk Garabedian
