1/67

Listed by steve.bogoyevac@marcusmillichap.com - Steven Bogoyevac - DRE #01332755 - Steven M. Bogoyevac, Broker 562-436-5800 Listing Courtesy of: DRE #01928739

$11,000,000

Calculate Payment

1212 Broadway Santa Ana, CA 92701

Mixed Use Residence

Beds

Baths

20,780 Sq. Ft.

1.37 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/15/2024 10:45 PM

Listing Details

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 r...entals, 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. Continue reading

MLS#

PW24218111

Property Type

Mixed Use

Status

Year Built

1976

Square Feet

20,780 sq. ft

Lot Size

1.37

Stories