Santa Ana, CA 92701 626 S Broadway
$799,900



5 more





Presented By: Brendan Kane with Ardor Realty, Inc; 949-400-7049
Home Details
Excellent Opportunity to own a Commercial building in the heart of Henninger Park in Historic Santa Ana along the well trafficked South Broadway corridor. This property boasts 3 units, each with their own electric meter, and a nearly 5:1 parking ratio with a fully enclosed and gated parking lot with up to 15 gated parking spaces and plenty of off-street parking as well. Each unit has its own private bathroom. Bonus full sized basement allows for additional storage and access to all plumbing and electric for service, maintenance and repairs. There is huge upside in rents with all the current tenants on month-to-month leases well below market value. This property has very unique zoning (SD-40) which allows for either residential or a variety professional and retail commercial uses. Convert this property to residential units and really hit an income home-run with at least $6,000/month of pro forma gross income. Roof was replaced in 2017, all new ABS plumbing waste-lines in 2018, all copper plumbing throughout and a mini-split heat pump (HVAC) in unit 624 in 2018. Parking lot was completely repaved and striped in 2025. This one won't last long, so come quick!
Presented By: Brendan Kane with Ardor Realty, Inc; 949-400-7049
Interior Features for 626 S Broadway
Other Interior Features
LivingAreaSourceMeasured
Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 626 S Broadway
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Business TypeAccounting, Administrative and Support, Advertising, Computer, Dental, Education/School, Hospitality, Professional/Office, Printing, Professional Service, Real Estate, Travel, Wholesale
Cap Rate4.27
Carport Spaces
CitySanta Ana
CoolingHeat Pump
CountyOrange
Current FinancingNone
DirectionsCorner of Broadway and Richland
Electric Expense
HeatingHeat Pump, Wall Furnace
Insurance Expense2800
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet6098
Lot Size UnitsSquare Feet
MLS Area69 - Santa Ana South of First
MaintenanceExpense
Net Operating Income34135
Number Of Units Total3
Number of Units Leased3
Occupancy TypeTenant
Open Parking Spaces15
Operating Expense10265
PostalCitySANTA ANA
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofAsphalt
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount4171
Trash Expense2900
UtilitiesElectricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, See Remarks, Water Available, Water Connected
Water Sewer Expense606
Year Built1919
Year Built SourceAssessor
Exterior for 626 S Broadway
Building Area Total2021
FencingBlock, Wrought Iron
Lot FeaturesCorner Lot
Lot Size Acres0.14
Lot Size Area6098
Lot Size SourceAssessor
Number of Buildings1
Total Parking15
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®

SQFT • 2,021