2117 S Broadway

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2117 S Broadway

Santa Ana, CA 92707
Asking Price
$1.95M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment asset featuring three distinct units.
  • Offered for sale at a price of $1,950,000.
  • Located at 2117 S Broadway in Santa Ana, CA.
  • Strategic position within a dense Orange County rental market.
  • Well-suited for residential investment or housing portfolio expansion.

What's Special

Priced at $1,950,000, this multifamily apartment building located at 2117 S Broadway in Santa Ana presents a residential investment opportunity. The property features three distinct units, providing a manageable scale for investors looking to establish or expand their presence in this high-demand Orange County market. Santa Ana maintains a dense, urban character with a robust demand for rental housing driven by proximity to major regional employment centers and key transportation corridors. The location benefits from the steady economic activity inherent to Southern California, where consistent population density supports long-term occupancy trends. Given the current configuration, the site is well-suited for buy-and-hold strategies or repositioning efforts aimed at the local workforce housing sector. Its positioning within the city offers tenants reliable access to the diverse amenities and services that define this established submarket.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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