#PW24234917, Damien Breaux, Listing Office: Morgan Skenderian

1104 French St Santa Ana, CA 92701
Property details
About 1104 French St
A great Turn-Key Investment Opportunity with a HIGH Rental Income. The seller is offering two Fourplexes to be sold together or Separately- 1102 N French St. & 1104 N French St. Income is $11,850 for 1102 and $11,950 for 1104 that's a total of $23,800 Per Month for all 8 units. Good unit mix, with a shared common driveway. ALL UNITS FULLY REMODELED. All leases are at market rent. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front units also come with their own laundry room inside the unit. Most units include a wall mounted A/C. Separate Electric meter in 7 of the units. Excellent cash flow and a High CAP Rate of 6.2% and GRM of 12. Units ranging from 1 Bedroom/ 1 Bath to 3 Bedrooms/ 2 bath. The fact that these are separate Fourplexes presents an opportunity to obtain Either, 2 residential loans OR a commercial loan- Buyers to further investigate their best options. Parking is mixed with some garages and some uncovered parking on the premises. Six of the units are rented Fully FURNISHED, to help bring top-dollar rents. All Brand-New Appliances and Furniture convey with the sale. This is a rare opportunity and by far the best deal in town. The property is located on a quiet street, well established, clean and safe north of downtown Santa Ana. The French Park neighborhood is very desirable and is one block from OCSHA By Washington and Main. Tax records shows the Effective Year Built for 1102 N French as 1923, and for 1104 N French as 1966. Please do not disturb the tenants if driving by.
Highlights
Summary
- MLS Number: OC23143938
- MLS Name: CRMLS
- Office Name: Doron Refael, Broker
- Office Phone: (714) 253-2883
- Listing Agent: Doron Refael
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.
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Last updated on: 4/12/2025, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,799,000
1104 French St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 16, 2024 | Home Sold | $1,680,000 |
Jul 30, 2021 | Home Sold | $1,165,000 |
Nov 02, 1992 | Home Sold | $255,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,221,656 | $14,666 |
2023 | $1,188,300 | $14,200 |
2022 | $1,165,000 | $14,053 |
2021 | $408,411 | $5,544 |
2020 | $404,224 | $5,547 |
2019 | $396,299 | $5,259 |
2018 | $388,529 | $5,259 |
2017 | $380,911 | $5,212 |
History based on county public records data.
Nearby schools
5
Davis Elementary School
Public District KG-5
0.2 mi
•1405 French St
3
Garfield Elementary School
Public District KG-5
0.5 mi
•850 Brown St
5
Edward B. Cole Academy
Public Charter KG-5
0.7 mi
•333 E Walnut St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $55,357. Typical income of Santa Ana, CA residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 1104 French St in Santa Ana, CA and zip code 92701 in the French Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since August 3, 2023 and is currently priced at $1,799,000.
In March 2025, from all listings sold in Santa Ana, CA there were more than 36 sold above asking price, over 37 sold below and more than 12 were sold right at the asked price. In March 2025 in Santa Ana, CA there were 7.1% more homes for sale than in February. The median list price of listings available in March 2025 was $890,800, while the average time on the real estate market was 32 days.