Santa Ana North of First (70) Homes with Apartment Subtype

Santa Ana North of First (70) is a vibrant region located in Santa Ana, Orange County, California. Known for its diverse community and bustling atmosphere, this area offers a unique blend of urban conveniences and suburban charm.

One of the notable features of Santa Ana North of First (70) is its abundance of homes with an apartment subtype. These properties provide an excellent opportunity for homeowners to generate additional income by renting out a separate living space. Whether you're looking to invest in a property or simply seeking a versatile living arrangement, these homes offer a range of possibilities.

The apartment subtype homes in Santa Ana North of First (70) come in various architectural styles and sizes to suit different preferences and needs. From charming bungalows to modern townhouses, there is something for everyone. Many of these homes boast attractive features such as spacious layouts, updated kitchens, and private entrances for the apartment units.

Living in a home with an apartment subtype also has its advantages. Not only can it provide a steady rental income stream, but it also offers the flexibility to accommodate extended family members or guests. Additionally, the rental income can help offset mortgage payments and other expenses, making homeownership more affordable.

With its prime location in Santa Ana, residents of Santa Ana North of First (70) enjoy easy access to a wide range of amenities. From shopping centers and restaurants to parks and recreational facilities, everything you need is just a short distance away.

If you're looking for a vibrant community with homes featuring an apartment subtype, Santa Ana North of First (70) is worth considering. Its convenient location, diverse housing options, and potential for rental income make it an attractive destination for homeowners and investors alike.

Newest Santa Ana North of First (70) Homes with Apartment Subtype

$1,595,000

PW26176654 MLS ⋅ Active Under Contract Status

Located in a highly desirable neighborhood of Santa Ana, near the Tustin and Orange borders, 2236 E. Franzen Avenue presents investors with the opportunity to acquire a well-maintained, fully occupied multifamily asset featuring an attractive mix of one-, two-, and three-bedroom apartment homes. Averaging more than 1,050 square feet per unit, the spacious floor plans appeal to a broad tenant base and offer a significant advantage over many competing properties in the area. The property provides a variety of sought-after resident amenities, including an on-site laundry facility, private patios and balconies, wall air conditioning, and a fireplace in the three-bedroom unit. Parking is well accommodated with four single-car garages, two open parking spaces, and ample street parking for residents and guests. The property is also individually metered for electricity and gas, helping to minimize owner-paid utility expenses. Ownership has completed several capital improvements, including the re-plumbing of one unit in 2022, reconstruction of the balconies, and installation of new fencing surrounding most of the private patios, reducing near-term capital expenditure requirements. From an investment perspective, 2236 E. Franzen Avenue offers compelling upside potential. Current rental rates are approximately 22% below market, providing a clear value-add opportunity through the implementation of market rents as units turn over. Combined with its desirable location, generous unit sizes, and strong in-place occupancy, the property represents an attractive long-term investment in one of Orange County's most established rental markets.

2236 E Franzen, Santa Ana

$1,099,000

PW26170158 MLS ⋅ Active Under Contract Status

FOUR 2-BEDROOM UNITS OFFERED AT $1,099,000. Fully occupied Santa Ana fourplex featuring four matching 2-bedroom, 1-bath units offered at approximately $274,750 per unit. The property provides eight total bedrooms, five covered carport spaces, separate gas and electric meters, and an on-site coin-operated laundry facility that generates additional income. Current rents total $4,860 per month, with all units occupied under month-to-month tenancies. The current rent roll may offer long-term income growth potential for an investor acquiring four 2-bedroom units at an attractive price per unit, subject to applicable rental regulations and tenant rights. The building contains approximately 3,689 square feet per public records and has been held by the same ownership for more than 25 years. Buyer to independently verify square footage, unit configuration, rents, expenses, laundry income, permits, property condition, and all applicable rental regulations. Please do not disturb occupants.

1813 Cedar, Santa Ana

$3,000,000

PW26139159 MLS ⋅ Active Status

This 11 unit historic Frank Lloyd Wright inspired architecture built in 1905 consists of (4) studios, (6) one-bedroom/one-bath units and (1) two-bedroom/one-bath unit. The property is in a strong rental market of Santa Ana at the intersection of North Broadway and West Washington. Ten of the eleven units have been renovated with newer kitchen cabinetry, countertops, shower enclosures, bathroom vanities and sinks.

1301 N Broadway, Santa Ana

$4,199,900

OC26051314 MLS ⋅ Active Status

VALUE ADD OPPORTUNITY! SUBMIT ALL OFFERS!! ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! We are pleased to offer for sale this well-located gated property in the highly desirable French Park neighborhood that's located in the North end of the Historic French Park neighborhood. This property is well located and next to an Elementary School, Shopping, Restaurants for tenants, and the freeway. This property is located just minutes away from the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1978 construction community is individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has on site laundry room (that is owned) and has plenty of parking space (offering both garages & covered gated parking). ONE OF THE CHEAPEST PRICE PER UNIT PROPERTIES IN SANTA ANA!!! SUBMIT ALL OFFERS!! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.

1416 N Spurgeon Street, Santa Ana

$5,038,880

OC26051558 MLS ⋅ Active Status

This value add community is located between the highly desirable French Park & Floral Park neighborhood. This property is minutes away from an Elementary School, Santa Ana College, Shopping/retail, Restaurants/Dining, and the 5 freeway. This property is also in close proximity to the Old Orange County Courthouse, Police department, and Santa Ana Metro link Station. This newer 1979 construction community consists mostly of one bedroom floor plans & studio units and individually metered for both Gas & Electric (tenant pays for this) with huge rental upside. This community also has an on site laundry room and plenty of parking space (garages & covered gated parking) for the tenants. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.

1910 N Spurgeon, Santa Ana

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.