2313 Franzen Avenue, Santa Ana, CA 92705
-
Listed Price :
$1,710,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1969
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, charm, and income potential of this property make it a standout choice for any investor. The high demand for such unit mixes ensures low vacancy rates and long-term desirability. Whether you are a seasoned investor or new to the market, 2313 Franzen Avenue is an opportunity that cannot be missed. I invite you to come see all that 2313 Franzen Avenue has to offer you!
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Laminate, Tile |
| Interior Information |
| Cooling Type |
Central Air, Wall/Window Unit(s) |
Listing Information
| Address |
2313 Franzen Avenue |
| City |
Santa Ana |
| State |
CA |
| Zip |
92705 |
| County |
Orange |
| Listing Agent |
Joe Napoli DRE #01279689 |
| Courtesy Of |
RE/MAX INNOVATIONS |
| List Price |
$1,710,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Quadruplex |
| Structure Size |
N/A |
| Lot Size |
7,405 |
| Year Built |
1969 |
Listing information courtesy of: Joe Napoli, RE/MAX INNOVATIONS. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
