Santa Ana CA Multi Family for Sale
$1,710,000
2313 Franzen Avenue Santa Ana, CA 92705
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.17 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- CRCV24135006
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Courtesy: RE/MAX INNOVATIONS
ADDITIONAL INFORMATION
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
Santa Ana Real Estate
The median home value in Santa Ana, CA is $698,500. This is lower than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Santa Ana, CA is $698,500. Approximately 44.24% of Santa Ana homes are owned, compared to 52.53% rented, while 3.23% are vacant. Santa Ana real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Santa Ana real estate agent to arrange a tour today!
Santa Ana, California 92705 has a population of 313,818. Santa Ana 92705 is more family-centric than the surrounding county with 37.97% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Santa Ana, California 92705 is $77,283. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Santa Ana 92705 is 33 years.
Santa Ana Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 46.8 degrees. The average rainfall is approximately 13 inches per year, with 0 inches of snow per year.