Backup offers
$10,000 Closing Credit¹
#OC24251158, John Nguyen, Listing Office: Harcourts Signature Properties
#SR25064453·
Listing office: Newcastle Realty·
Listing agent: Vera Quinlan·
Listing office phone: 661-755-6376
$1,700,000 List price
2244 Franzen Ave Santa Ana, CA 92705
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 2244 Franzen Ave
Amazing Investment property located in North East Santa Ana, bordering North Tustin and Orange. The property is located less than 2 miles from both CHOC and St Joseph's Hospitals with high rental demand. This family neighborhood is also close to the 55, 22 and 5 freeways. The Covington style 4-plex's unique unit mix has been coveted since it's inception. The front unit is a spacious 3-bedroom/1.75 bath (over 1,400 sq ft)/ There are also two comfortable 2-bed/1.75 bath units and one cozy 1-bedroom/1 bath unit. The upstairs units both have balconies, and the downstairs units have private enclosed patios. All units are individually metered for electricity and have their own private enclosed garage. The building offers 4213 sq feet of living space on a 8,276 square foot lot. The roof was replaced in 2024. The current annual income is approx. $93,000, giving any investor the possibility of stable and impressive returns right away. The uniqueness, charm, desirability and location of this 4 unit investment property ensure low vacancy rates and long-term desirability. This is a rare investment opportunity in a highly desirable area, one that doesn't come around often. Don't miss out! Listing Agent is related to the owner.
Highlights
Home typeQuadruplex
HeatingCentral, Forced Air, Fireplace(s)
StatusActive
CoolingCentral Air
Lot size0.19 Acres
Year built1969
ParkingGarage
MLS #SR25064453
Garage4 spaces
FireplaceFamily Room, Gas, Gas Starter
Summary
- MLS Number: SR25064453
- MLS Name: CRMLS
- Office Name: Newcastle Realty
- Office Phone: (661) 755-6376
- Listing Agent: Vera Quinlan
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: 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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$1,700,000
2244 Franzen Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 27, 1988 | Home Sold | $380,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $699,118 | $8,464 |
| 2023 | $685,410 | $8,269 |
| 2022 | $671,971 | $8,102 |
| 2021 | $658,796 | $7,885 |
| 2020 | $652,041 | $7,812 |
| 2019 | $639,256 | $7,605 |
| 2018 | $626,722 | $7,605 |
| 2017 | $614,434 | $7,306 |
History based on county public records data.
Nearby schools
8
John Muir Fundamental Elementary School
Public District KG-5
0.7 mi
•1951 Mabury St
6
La Veta Elementary School
Public District KG-6
0.9 mi
•2800 E La Veta Ave
6
Loma Vista Elementary School
Public District KG-5
0.9 mi
•13822 Prospect Ave
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 $51,136. Residents of Santa Ana, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
19%
<35k
58%
35k-100k
22%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
33%
Single, No Kids
24%
Single, with Kids
12%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
32%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Burlington
Where do the neighbors go to eat?
Jack In The Box
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Classical
All data provided by Home Junction and Claritas
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Backup offers
$10,000 Closing Credit¹
#PW24195324, Albert Ricci, Listing Office: Ricci Realty
This home is located at 2244 Franzen Ave in Santa Ana, CA and zip code 92705. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $1,700,000.
In March 2025 more than 36 listings in Santa Ana, CA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 37 were sold below. The inventory of homes for sale in Santa Ana, CA between February and March 2025 increased by 7.1%. 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.
From Rocket Homes Real Estate and based on county public records data.