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2313 Franzen Avenue
Santa Ana CA 92705 US

$1,710,000

Active Listing ID CV24135006
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8 bed
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5.00 Bath (5 Full)
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Lot: 7,405.00 Square Feet
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Quadruplex

$1,710,000

Active Listing ID CV24135006
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2313 Franzen Avenue Welcome to 2313 Franzen Avenue, a meticulously maintained Covington style 4-plex located in the heart of Northeast Santa Ana. This exceptional property, bordering North Tustin and Orange, is a prime investment opportunity nestled within the highly sought-after Orange Unified School District boundaries. With easy access to the 55 and 22 freeways, as well as plenty of shopping and rapid transit nearby, convenience is just an added bonus to this property. The charming residential architecture at 2313 Franzen Avenue has been brought to life with modern maintenance and care. The strategic unit mix has been in high demand since its inception, and this property is no exception. The Franzen Avenue 4-plex boasts an attractive mix of units: one spacious 3-bedroom, 1.75-bath unit, two comfortable 2-bedroom, 1-bath units, and one cozy 1-bedroom, 1-bath unit. Each unit is thoughtfully designed with balconies for the upstairs units and patios for the downstairs units, providing residents with outdoor spaces to relax and enjoy. Financially, 2313 Franzen Avenue is a standout. With a current annual income of $94, 880, new owners will find that there ample opportunity to reach market levels. This turnkey apartment building offers stable and impressive returns right from the start. The location, charm, and income potential of this property make it a standout choice for any investor. The high demand for such unit mixes ensures low vacancy rates and long-term desirability. Whether you are a seasoned investor or new to the market, 2313 Franzen Avenue is an opportunity that cannot be missed. I invite you to come see all that 2313 Franzen Avenue has to offer you!

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Property Features

  • Facts
  • Lot Size: 7,405.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 5
  • Cooling System: Window Unit(s) A/C
  • Exterior Finish: Fence, Community Features Included: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban, Front Yard, Near Public Transit, Yard
  • Floor Covering: Carpet, Laminate, Tile
  • Heating Fuels: Central Furnace

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 1710000
  • unparsedaddress: 2313 Franzen Avenue
  • postalcity: Santa Ana
  • stateorprovince: CA
  • country: US
  • postalcode: 92705
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.169995408631772
  • lotsizeunits: Square Feet
  • lotsizearea: 7405
  • livingarea: 4213
  • livingareaunits: Square Feet
  • latitude: 33.769666
  • longitude: -117.832268
  • listagentfullname: Joe Napoli
  • listagentemail: Joe@JoeNapoli.NET
  • listagentkey: 3yd-MRMLSCA-CV44958
  • listagentmlsid: CV44958
  • listagentpreferredphone: 6266415609
  • listagentofficephone: 9095927355
  • listofficekey: 3yd-MRMLSCA-50463
  • listagentstatelicense: 01279689
  • listofficemlsid: 50463
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1969
  • listingcontractdate: 2024-07-01
  • countyorparish: Orange
  • parcelnumber: 39613135
  • cooling: Window Unit(s) A/C
  • constructionmaterials: Stucco
  • flooring: Carpet, Laminate, Tile
  • heating: Central Furnace
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 7
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • exteriorfeatures: Fence, Community Features Included: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban, Front Yard, Near Public Transit, Yard
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -117.83227, 33.769665
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Stephanie Harder", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Joe@JoeNapoli.NET", "ListBrokerageCity":"San Dimas", "ListBrokerageCountry":"US", "ListBrokerageEmail":"stephaniesharder@aol.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Stephanie Harder", "ListBrokeragePhone":"(626) 641-5609", "ListBrokeragePostalCode":"91773", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1037 W Arrow Highway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"279 E ARROW HWY SUITE #103", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"C32354", "ListOfficeCity":"SAN DIMAS", "ListOfficeCountry":"US", "ListOfficeEmail":"stephaniesharder@aol.com", "ListOfficePostalCode":"91773", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Quadruplex - Santa Ana, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2313-Franzen-Ave-Apt-A_Santa-Ana_CA_92705_M19426-00566?f=listhub&s=MRMLSCA&m=CV24135006&c=rexren", "MLSModificationTimestamp":"2024-07-01T20:50:07Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/17/2024 9:15:03 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Joe Napoli, RE/MAX INNOVATIONS, Joe@JoeNapoli.NET

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.