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 rentals, 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 citys historic downtown and Orange Countys 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.