1810 S Broadway - Apartments FOR SALE


Santa Ana, CA 92707- Bristol Manor
$2,250,000 USD
818-298-8810
1810 S Broadway, Santa Ana, CA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/21
null | 5.57% Cap Rate

1810 S Broadway
Santa Ana, CA 92707
Bristol Manor


HIGHLIGHTS

  • Eight spacious 1,000+ SF units with 3 bedrooms and 1 bath
  • Huge Private Balconies with over 200 SF of space for each Unit
  • 1987 construction at a bargain $255/SF
  • 17 on-site parking spaces with 2 spaces per unit
  • Near $280K/unit – excellent price point for Orange County
  • Strong in-place income with potential upside

OVERVIEW

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 $255 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 ample 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 GRM and 5.5% cap rate, with rents below market and room for growth through strategic renovations or repositioning. 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, and built-in community.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

8

PRICE/UNIT

$281,250

CAP RATE

5.57%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,017 SF

ZONING

R3, Santa Ana

APN/PARCEL ID

015-052-15

ASK ABOUT THIS PROPERTY

Kirk GarabedianKW CommercialMore Info
818-298-8810

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Kirk GarabedianKW CommercialMore Info
818-298-8810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.