2318 Franzen Ave Santa Ana, CA 92705
Portola Park NeighborhoodEstimated payment $12,855/month
Highlights
- No HOA
- Double Pane Windows
- Tile Flooring
- El Modena High School Rated A-
- Laundry Room
- Landscaped
About This Home
Great opportunity to own a fantastic 4-plex. The front unit features an recently updated 3 bedroom 2 bath with a fenced in patio area. The unit has an updated kitchen, bathrooms, mirrored wardrobe and new flooring throughout. In addition to the 3 bedroom unit the property offers 2 units that are 2 bedroom 2 baths and a spacious 1 bedroom 1 bath unit. The property is conveniently located to freeway access, shopping and restaurants. This well-maintained 4-plex offers an excellent opportunity for both investors and owner-occupants. The front unit is a recently updated 3-bedroom, 2-bath featuring a private fenced patio, modern kitchen and bathrooms, mirrored wardrobes, and new flooring throughout. In addition to the 3 bedroom unit, the property includes two 2-bedroom / 2-bath units and a spacious 1-bedroom / 1-bath unit, all currently occupied. Other recent improvements include new dual pane vinyl windows and exterior recently painted. Conveniently located near freeway access, shopping, and restaurants, this property combines strong rental income potential with a desirable location. PLEASE DO NOT DISTURB TENANTS. UNITS TO BE TOURED WITH ACCEPTED OFFER.
Listing Agent
SR White and Associates Brokerage Phone: 3106298661 License #01925218 Listed on: 11/12/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Level Lot
- Sprinkler System
- Front Yard
Parking
- 3 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,180 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Living Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 6678
- Assessor Parcel Number 39613139
- $1,072 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $205
- Fuel Expense $2,050
- Insurance Expense $2,520
- Maintenance Expense $6,491
- Other Expense $612
- Trash Expense $4,100
- Water Sewer Expense $2,863
- New Taxes Expense $22,825
- Operating Expense $41,776
- Gross Income $113,143
- Net Operating Income $71,689
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $2,050,000 | +26.2% | $490 / Sq Ft | |
| 07/27/2021 07/27/21 | Sold | $1,625,000 | +1.6% | $389 / Sq Ft | View Prior Sale |
| 06/25/2021 06/25/21 | For Sale | $1,600,000 | +61.6% | $383 / Sq Ft | |
| 06/29/2015 06/29/15 | Sold | $990,000 | +1.1% | $237 / Sq Ft | View Prior Sale |
| 05/19/2015 05/19/15 | Pending | -- | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $979,000 | -- | $234 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25259316
APN: 396-131-39
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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