2244 Franzen AVE Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92705
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25064453
Year Built 1969
Lot Size 8,276 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
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.
Location
State CA
County Orange
Area Nts - North Tustin
Rooms
Kitchen Dishwasher,Garbage Disposal,Hood Over Range,Other,Oven - Double,Oven - Self Cleaning,Oven Range - Built-In,Oven - Electric
Interior
Heating Forced Air,Central Forced Air,Fireplace
Cooling Central AC
Flooring Laminate
Laundry Laundry Area,Washer/Dryer - Owned,Community Facility
Exterior
Parking Features Garage
Garage Spaces 6.0
Pool None
View None
Building
Lot Description Trees,Grade - Level
Water Other,Hot Water,District - Public
Others
Tax ID 39613144
Special Listing Condition Not Applicable