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1102 French Street

Santa Ana, CA 92701

– beds
– baths
– sqft
8,276 sqft lot
1917 build
– on site

A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,400 per month and Performa of $12,900. Good unit mix. ALL UNITS FULLY REMODELED. Remodeling included ALL new Kitchens, ALL new Bathrooms, ALL New flooring and Paint, Partial New Plumbing and Electrical. The front main unit also come with its own laundry room inside the unit a basement and a private back yard. Separate Electric meter in 3 of the units. Excellent cash flow and a High CAP Rate of 6.3% and 12.4 GRM. Units sizes are: 1. 2 Bed/ 2bath + Den 2. 3 bed/2 bath 3. 1 bed/ 1 bath 4. 2bed / 1 bath. Uncovered Parking spaces on the property. Three of the units are rented Fully FURNISHED. 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 in the desired French Park neighborhood. Only one block from OCSHA and few blocks north of Downtown. The next door property at 1104 French St. is also available for sale together or separately.

Listed By CRMLS_CA / Doron Refael / Doron Refael, Broker / 714-253-2883

Last checked: Checking… • Last updated Apr 8, 2024 •

MLS# OC24061346 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1917
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

3462.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

4
Stories Total:

2
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Features:

Furnished, Quartz Counters
Levels:

Two
Entry Location:

Varied
Flooring:

Laminate
Room Type:

Basement
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Common Area, Individual Room, Inside
Laundry:

1

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

From 17th and Main head south on Main, Go East on Washington and South on French
Latitude:

33.75429200
Longitude:

-117.86487400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Lot Features:

Front Yard, Lot 10000-19999 Sqft, Level
Lot Size Area:

8276.0000
Lot Size Acres:

0.1900
Lot Size SqFt:

8276.00
Lot Size Source:

Assessor
View:

None
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

750.04
Tax Tract:

5
Tax Lot:

54

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

39802719
Showings Begin:

2024-03-28

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Subdivision:

Other (OTHR)
Subdivision:

French Park
Senior Community:

No
Features:

Sidewalks, Street Lights
Pool:

None
Private Pool:

No
Spa Features:

None
Inclusions:

All furniture and Appliances
Assessments:

Yes
Assessments:

Buyer to Verify

Parking

Parking:

Yes
Parking:

Driveway
Parking Spaces:

6.00
Uncovered Spaces:

6.00

Extra Units

Number With Refrigerator:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/8/24 Apr 8, 2024	Sold Subject To Contingencies	CRMLS_CA	$1,698,000
3/28/24 Mar 28, 2024	Listed / Active	CRMLS_CA	$1,698,000	42.7% (16.0% / YR)
7/30/21 Jul 30, 2021		CRMLS_CA	$1,190,000	-7.0%

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This multifamily located in Downtown Santa Ana, Santa Ana, CA 92701 is currently for sale for $1,698,000. 1102 French Street is a – square foot multifamily with – beds and – baths that has been on Estately for 30 days. 1102 French Street is in the Downtown Santa Ana neighborhood of Santa Ana and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of James A. Garfield Elementary School, Raymond A. Villa Fundamental Intermediate School, and Century High School.

Listing Courtesy of: CRMLS_CA and Doron Refael, Broker. Based on information from California Regional Multiple Listing Service, Inc. as of 23:58 on Apr 26.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.