2244 Franzen Avenue

Santa Ana, CA 92705

  • 8 Bed(s)
  • 7 Bath(s)
  • 4,213 Sqft
  • 8276
    Sqft(Lot)
$1,700,000

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.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    49325327

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Balcony,Ceiling Fan(s),Storage,Solid Surface Counters,Tile Counters,Unfurnished
    • Windows: Blinds,Insulated Windows,Screens
    • Property Appliances: Built-In Range,Double Oven,Dishwasher,ENERGY STAR Qualified Water Heater,Electric Oven,Disposal,Gas Water Heater,Range Hood,Self Cleaning Oven,Water To Refrigerator,Water Heater
    • Fireplace: Family Room,Gas,Gas Starter
    • Flooring: Carpet,Laminate,Tile

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Forced Air,Fireplace(s)
    • Has Heating

    Energy

    • Green Energy: Water Heater

    Fireplace

    • Fireplace Features: Family Room,Gas,Gas Starter
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1969
    • Building Area Total: 4,213

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Average Condition

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.19
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8276

  • Listing Price Information

    • Original List Price: 1,700,000
    • Listing Contract Date: 2025-04-09

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 39613144

  • Garage and Parking

    • Garage Description: Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Telephone

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: NTS - North Tustin
    • Postal Code Plus 4: 1745
    • Directions: nearest cross streets are E. Santa Clara Ave. and N. Tustin Ave.
    • Source Property Type: Residential Income
    • Area: NTS - North Tustin
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 56
    • Common Walls: No Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: GROUND
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/15/2025 @ 06:23

  • MLS: SR25064453
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 4,213 sqft, 8,276 sized lot, and 4 parking. are nearby neighborhoods.