John E Burge

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2318 FranzenSanta Ana, CA 92705

Multi-Family · 4,180 Sq. ft. | 0.18 Acres
$1,625,000 Active

2318 Franzen Overview

Time on Site:
19 days
Visits:
0

Great opportunity to own a well-maintained 4-plex. The property consists of 1 3-bedroom 2-bath unit, 2 2-bedroom 2-bath units and a spacious 1-bedroom 1-bath unit. The 3-bedroom unit was just vacated, and the seller used the opportunity to fully refresh the space with a new kitchen, updated bathrooms, mirrored wardrobe closets, a new sliding door, and new flooring throughout thus positioning a new owner to maximize the unit’s rental potential. Other recent improvements include new dual pane vinyl windows throughout and the recently painted exterior. PLEASE DO NOT DISTURB TENANTS. UNITS TO BE TOURED WITH ACCEPTED OFFER.

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2318 Franzen Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,180
  • Price/Sq.ft. $389
  • Lot 0.18 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 270.0
  • Fuel Expense: 1671.0
  • Gardener Expense: 2400.0
  • Gross Income: 113143.0
  • Gross Scheduled Income: 113143.0
  • Insurance Expense: 2520.0
  • Maintenance Expense: 4880.0
  • Net Operating Income: 76585.0
  • New Taxes Expense: 18322.0
  • Operating Expense: 36558.0
  • Trash Expense: 4100.0
  • Water Sewer Expense: 2821.0

Listing Information

  • Contingency: Standard Contingencies

Building Information

  • New Construction: No
  • Year Built: 1969

Location/Region

  • Country: US
  • County Or Parish: Orange
  • MLS Area Major: 70 - Santa Ana North of First
  • Postal City: SANTA ANA
  • Subdivision Name: Other

Community/Development

  • Community Features: Curbs,Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional
  • Parcel Number: 39613139
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard,Trust

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Building Interior

  • Building Area Total: 4180.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Disposal,Gas Range,Gas Water Heater,Vented Exhaust Fan
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Ground
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet,Laminate,Tile,Vinyl
  • Foundation Details: Slab
  • Laundry Features: Common Area
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Open Parking Spaces: 3.0
  • Parking Features: Assigned,Door-Single,Garage
  • Parking Total: 7.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Front Yard,Lawn,Level,Sprinkler System
  • Lot Size Acres: 0.18
  • Lot Size Area: 7841.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7841.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Number Of Units Leased: 4
    • Number Of Units Total: 4
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected

    2318 Franzen Neighborhood

    Community

    92705 (SANTA ANA) Demographics

    39
    Median Age
    4,071
    Population Density (per sq. mile)
    50%
    College Educated
    $106,058
    Estimated Median Income
    9,652
    Estimated Total Home Owners
    5,390
    Estimated Total Renters
    64% / 36%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    2318 Franzen Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    2318 Franzen Market Data

    Based on the last 30 days in this zip code

    $1,834,463
    Average List Price
    $672
    Average Price per Square Foot
    24
    Properties Sold
    68
    Average Days on Market
    214
    Properties for Sale
    Calculations provided by Reliance Network

    2318 Franzen History

    Date Event Value Agent
    6/10/2026Source: CRMLS Added to Database
    June 10, 2026
    Listing provided courtesy of SR White and AssociatesSteven White- MLS# PW26126999MLS ProviderContact Information: 310-629-8661
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