5 months on rocket

2313 Franzen Ave, Santa Ana, CA, 92705

$1,710,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2313 Franzen Ave, Santa Ana$1,710,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Garage5 spaces
Year Built1969
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
FireplaceLiving Room
ViewNeighborhood
MLS #CV24135006
Lot Size0.17 Acres
StatusActive

About 2313 Franzen Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX INNOVATIONS
  • Office Phone: (626) 825-4863
  • Listing Agent: Joe Napoli

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate, Tile
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Garage Space: 5 spaces

Lot Features

Lot Information:

  • Lot: Front Yard, Near Public Transit
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Between Tustin Avenue and the 55

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,710,000

Tax Information:

  • Annual Amount: $13,335
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Santa Ana, CA.

Map thumbnail provided by MapBox

Santa Ana, CA

City

Med. Sold Price

$873.4K

Med. Price/SqFt

$604

Avg. Days On Market

32

# of Sold Homes

86

2313 Franzen Ave vs Santa Ana

169 DAYS ON ROCKET

+137 Days

$1,710,000

+$836.5K More

KEY TAKEAWAY

This property is $836.5K more than the Median Sold Price in Santa Ana, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24135006

Listing Office:

  • Office Name: RE/MAX INNOVATIONS
  • Office Phone: (626) 825-4863
  • Listing Agent: Joe Napoli

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 02, 2017Home Sold
$1,100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,335$1,179,421
2020$13,211$1,167,328
2019$12,851$1,144,440
2018$12,851$1,122,000
2017$5,383$428,310

History based on county public records data.

Payment Calculator

$8,602

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,193

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4446152
8
/10

  • John Muir Fundamental Elementary School

  • 1951 Mabury St

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-4446153
6
/10

  • La Veta Elementary School

  • 2800 E La Veta Ave

  • 0.83 miles

  • Public District Grades KG-6

school-card-donut-4446154
6
/10

  • Loma Vista Elementary School

  • 13822 Prospect Ave

  • 0.90 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,136. Most Santa Ana, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Orange County›Santa Ana›92705›2313 Franzen Ave

This home is located at 2313 Franzen Ave in Santa Ana, CA and zip code 92705. This home, which was built in 1969, sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $1,710,000.

While more than 43 listings in Santa Ana, CA in November 2024 were sold above asking price, there were more than 16 listings sold at asking price, and more than 27 were sold below. Between October 2024 and November 2024, Santa Ana, CA real estate market has seen decrease in the number of listings by 7.6%. In November 2024 median list price was $873,444 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources