2318 Franzen Ave, Santa Ana, CA, 92705
About This Home
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.
Getting Around
Very Walkable
Minimal Transit
BikeableSchools
Construction
Condition
- Year built: 1969
Materials
- Foundation: Slab
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Range,Gas Water Heater,Vented Exhaust Fan
- Laundry features: Common Area
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 7
Features
- Window features: Double Pane Windows
- Flooring: Carpet,Laminate,Tile,Vinyl
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: 2+ Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: None
Interior Area
- Total structure area: 4,180
- Total interior livable area: 4,180 sqft
Property
Details
- Parcel number: 39613139
- Attached to another structure: Yes
- Special condition: Standard,Trust
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 7,841 sqft
- Features: Front Yard,Lawn,Level,Sprinkler System
Parking
- Total spaces: 7
- Parking features: Assigned,Door-Single,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Orange County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,579 | $90,948 |
| Home Insurance * | $205 | $2,460 |
| Property Taxes | $1,402 | $16,824 |
| Electricity | $896 | $10,756 |
| Total | $10,082 | $120,984 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-13 | Contingent | $1,499,000 |
| 2026-07-23 | Price change | $1,499,000 |
| 2026-06-11 | Listed for sale | $1,625,000 |
| 2021-07-27 | Sold | $1,625,000 |
| 2021-02-24 | Listing removed | -- |
| 2020-06-07 | Listing removed | $1,480 |
| 2020-05-28 | Listed for rent | $1,480 |
| 2018-11-20 | Listing removed | $1,500 |
| 2018-11-04 | Price change | $1,500 |
| 2018-10-16 | Listed for rent | $1,400 |
| 2015-06-29 | Sold | $990,000 |
| 2015-05-20 | Pending sale | $979,000 |
| 2015-05-05 | Listed for sale | $979,000 |
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