2244 Franzen Avenue, Santa Ana, CA 92705 - Berkshire Hathaway HomeServices California Properties
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2244 Franzen Avenue, Santa Ana, CA 92705

$1,675,000 Approx. USD 0 beds, 0 baths

Reduced by $25,000 on 5/9/2025
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Listing Agent


Vera Quinlan | vera@nchal.com
Lic#: 01959895
Broker: Courtesy of Newcastle Realty

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# SR25064453
List price is $1,675,000 Reduced by $25,000 on 5/9/2025
Price: $1,675,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Family Room,Gas,Gas Starter fireplaces
Built in 1969
2 stories
0.19 acres
Lot size: 0.1900
County: Orange
Interior features: Balcony,Ceiling Fan(s),Storage,Solid Surface Counters,Tile Counters,Unfurnished
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
Parking description: Garage
Lot description: TwoToFiveUnitsAcre,Front Yard,Sprinklers In Front,Lawn,Landscaped,Sprinklers Timer,Sprinkler System,Street Level,Trees
Heating/cooling: Central Air
Heating description: Central,Forced Air,Fireplace(s)
MLS area: NTS - North Tustin

Last Updated: 5/9/2025

 Days On Market (DOM): 33

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This listing belongs to the NTS - North Tustin MLS area

Lat/Long: 33.769188, -117.833101.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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