2244 Franzen Avenue, Santa Ana, CA 92705
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
2244 Franzen Avenue,Santa Ana, CA 92705
$1,675,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:vera quinlan
Office:newcastle realty
MLS#:SR25064453
Source:CAREIL
Price summary
- Price:$1,675,000
About this home
Amazing Investment property located in North East Santa Ana, bordering North Tustin and Orange. The property is located less than 2 miles from both CHOC and St Joseph's Hospitals with high rental demand. This family neighborhood is also close to the 55, 22 and 5 freeways. The Covington style 4-plex's unique unit mix has been coveted since it's inception. The front unit is a spacious 3-bedroom/1.75 bath (over 1,400 sq ft)/ There are also two comfortable 2-bed/1.75 bath units and one cozy 1-bedroom/1 bath unit. The upstairs units both have balconies, and the downstairs units have private enclosed patios. All units are individually metered for electricity and have their own private enclosed garage. The building offers 4213 sq feet of living space on a 8,276 square foot lot. The roof was replaced in 2024. The current annual income is approx. $93,000, giving any investor the possibility of stable and impressive returns right away. The uniqueness, charm, desirability and location of this 4 unit investment property ensure low vacancy rates and long-term desirability. This is a rare investment opportunity in a highly desirable area, one that doesn't come around often. Don't miss out! Listing Agent is related to the owner.
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Home facts
- Year built:1969
- Listing ID #:SR25064453
- Added:98 day(s) ago
- Updated:June 21, 2025 at 04:23 PM
Heating and cooling
- Cooling:Central Air
- Heating:Central Forced Air, Fireplace
Structure and exterior
- Year built:1969
- Lot area:0.19 Acres
Utilities
- Water:District - Public, Hot Water
Finances and disclosures
- Price:$1,675,000
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