$1,710,000
2313 Franzen Avenue Santa Ana, CA 92705
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Listed by Joe Napoli • RE/MAX INNOVATIONS
$1,710,000
Est. payment /mo
4,213 SqFt
UPDATED:
07/04/2024 09:03 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,213 sqft
Price per Sqft $405
MLS Listing ID CRCV24135006
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1969
Lot Size 7,405 Sqft
Property Description
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, cha
Location
State CA
County Orange
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Tile, Carpet
Fireplace No
Laundry Community Facility
Exterior
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Building
Lot Description Other, Front Yard
Water Public
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