530 S Broadway, Santa Ana, California 92701, Santa Ana, - bed, bath

home-pic
ACTIVE$1,449,000
530 S Broadway, Santa Ana, California 92701
0Bed
0Bath
2,350Sqft
9,148Lot
Year Built
1920
Close
-
List price
$1.45M
Original List price
$1.48M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25095633
Home ConditionFair
Features
View-

About this home

Step into a rare investment opportunity or multi-generational home in the heart of the highly coveted Heninger Park! This well-maintained triplex is a gem for savvy investors or owner-occupants looking to enjoy the comforts of the primary home while benefiting from rental income. The spacious 3-bedroom, 2-bathroom main residence —approximately 1,300 sq. ft.—has been beautifully remodeled, boasting new flooring and a fully fenced front yard that adds both charm and privacy. Inside, you'll find generously sized bedrooms, a gourmet kitchen, and stylish bathrooms featuring granite countertops and stainless steel appliances. A dedicated laundry room ensures convenience, while the home’s historic charm ties together the perfect blend of classic and modern touches. At the rear, two 1-bedroom, 1-bathroom units offer private entrances, separate electric and gas meters, and excellent rental potential with reliable, long-term tenants already in place. Nestled in a prime location, this property sits close to public schools, transportation, and local amenities, ensuring effortless convenience for residents. Whether you're looking to expand your investment portfolio or settle into a home with built-in financial benefits, this triplex is a golden opportunity not to be missed!

Nearby schools

3/10
Lowell Elementary School
Public,K-50.4mi
4/10
Pio Pico Elementary School
Public,K-50.5mi
3/10
Martin R. Heninger Elementary School
Public,K-80.3mi
2/10
Julia C. Lathrop Intermediate School
Public,6-80.4mi
2/10
Willard Intermediate School
Public,5-81.2mi
3/10
Santa Ana High School
Public,9-120.4mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (9 Listings)
Beds00
Baths00
Square foot2,3501,912
60%
Lot Size9,1486,759
90%
Price$1.45M$975K
90%
Price per square foot$617$504
80%
Built year19209600962
50%
HOA
Days on market188189
50%
Condition Rating
Fair

The property was built in 1920, but the main residence has been remodeled with new flooring, a gourmet kitchen with granite countertops and stainless steel appliances, and stylish bathrooms. The two 1-bedroom units at the rear were not described as remodeled. Given the age of the property and the partial remodel, a 'fair' condition score is appropriate. While the main residence has updates, the overall property is aged and likely requires ongoing maintenance.
Pros & Cons

Pros

Investment Opportunity: Triplex property offers a rare investment opportunity in a desirable location.
Multi-Generational Living: Suitable for multi-generational families with a spacious main residence and two separate units.
Remodeled Main Residence: The 3-bedroom main residence has been beautifully remodeled with new flooring, a gourmet kitchen, and stylish bathrooms.
Rental Income Potential: Two 1-bedroom units at the rear provide excellent rental income potential with separate meters and long-term tenants.
Prime Location: Located close to public schools, transportation, and local amenities, ensuring convenience for residents.

Cons

Year Built: Property was built in 1920, which may require additional maintenance and potential upgrades due to its age.
Lot Size: The lot size is 9,148 sqft, which might be smaller compared to other properties in the area.
Potential for Renovation: While the main residence is remodeled, the other units might need updates to maximize rental income.

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