2313 Franzen Avenue
$1,710,000
8
5
4,213
4,213
$406
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...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!
- Listed by Joe Napoli • DRE #01279689 • Brokerage DRE #01900551 • RE/MAX INNOVATIONS • 626-825-4863
Property Details for 2313 Franzen Avenue
View
Neighborhood
Parking Spaces Total7
Private PoolNo
Cooling TypeCentral Forced Air, Wall/Window
Total Units4.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4213
LISTING UPDATED: 07/03/2024 11:34 PM
Property Details for 2313 Franzen Avenue
Status | Active |
---|---|
MLS # | CV24135006 |
Days on Market | 144 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1969 |
Lot Size | 0.17 AC / 7,405 SF |
County | Orange County |
Building Information for 2313 Franzen Avenue
Stories2Residences-Year Built1969Building Size-Lot Size0.17 AC / 7,405 SF
Property Information for 2313 Franzen Avenue
Property History for 2313 Franzen Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2313 Franzen Avenue
Taxable ValueLand$1,485,691Additions$265,302Total$1,750,993
Tax Record2024$19,587 ($1,632 / month)
Home Facts
Total Finished SqFt4,213 SqFtAbove Grade Finished SqFt4,213 SqFtStories2Lot Size7,560 SqFtStyleQuadraplexYear Built1969CountyORANGEAPN396-131-35
Schools near 2313 Franzen Avenue
This home is within Orange Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
La Veta Elementary School PublicK to 6 | ||
Ousd Community Day School Public7 to 12 | ||
El Modena High School Public9 to 12 | ||
OUSD EDGE Virtual Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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