Homes for sale - 2313 Franzen Avenue, Santa Ana, CA 92705

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Nicole Van Parys & Gary Nesen

[email protected] +1(805) 795-1880

Listed by Joe Napoli • RE/MAX INNOVATIONS

$ 1,710,000

Est. payment -/mo

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2313 Franzen Avenue Santa Ana, CA 92705

4,213 SqFt

UPDATED:

11/16/2024 03:53 AM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,213 sqft

Price per Sqft $405

MLS Listing ID CV-24135006

Year Built 1969

Lot Size 7,405 Sqft

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!

Location

State CA

County Orange

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile

Fireplaces Type Living Room

Laundry Community

Exterior

Parking Features Gated

Garage Spaces 5.0

Pool None

Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

View Y/N Yes

Building

Lot Description Front Yard, Near Public Transit, Yard

Sewer Public Sewer

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

Nicole Van Parys & Gary Nesen

2313 Franzen Avenue Santa Ana, CA 92705

Key Details

Location

Interior

Exterior

Building

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2313 Franzen Avenue