1104 French Street

Santa Ana, CA 92701

$1,748,000
Price
6
Beds
5
Baths
3,788 Sq. Ft.
$461 / Sq. Ft.
3,788
Sq. Ft.
$461
per Sq. Ft.

Description

A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,950 per month. This property offers a single family home in the front and a 3 units apartment building in the back. 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 house also come with its own laundry room inside the unit a small California basement and a private Front yard. Separate Electric meter...A great Turn-Key Investment Opportunity with a HIGH RENTAL INCOME. Current income: $11,950 per month. This property offers a single family home in the front and a 3 units apartment building in the back. 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 house also come with its own laundry room inside the unit a small California basement and a private Front yard. Separate Electric meter in all of the units. Excellent cash flow and a High CAP Rate of 6.4% and 12.2 GRM. Units sizes are: 1. 3 Bed/ 2bath 2. 1 bed/1 bath 3. 1 bed/ 1 bath 4. 1bed / 1 bath. a 3-car garage and Uncovered Parking spaces on the property. The Three one bedroom apartments 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 1102 French St. is also available for sale together or separately.
  1. Listed by Doron Refael • DRE #01816415 • Brokerage DRE #01816415 • Doron Refael, Broker • 714-253-2883

Property Details for 1104 French Street

Parking Spaces Total
6
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Other
Living Area
3788
Assessor Parcel Number
398-027-20

Location

Listing Courtesy of Doron Refael, Broker, Doron Refael, DRE #01816415
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LISTING UPDATED: 04/21/2024 02:25 AM

Property Details for 1104 French Street

StatusActive Under Contract
MLS #OC24061358
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.17 AC / 7,572 SF
CountyOrange County

Location

Listing Courtesy of Doron Refael, Broker, Doron Refael, DRE #01816415
Add your commute

Building Information for 1104 French Street

Stories2Residences-Year Built1965Building Size-Lot Size0.17 AC / 7,572 SF

Payment Calculator

$10,723 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,540

Property Taxes

$1,183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1104 French Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $143,400
  • Gross Scheduled Income: $143,400
  • Gross Operating Income: $143,400
  • Net Operating Income: $112,740
  • Gross Multiplier: 12.2
  • Cap Rate: 6.4
Expense Details
  • Operating Expense: $30,660
  • Operating Expense Percent: 21.40%
  • New Taxes Expense: $18,000
  • Gardener Expense: $600
  • Fuel Expense: $720
  • Electric Expense: $0
  • Insurance Expense: $3,000
  • Maintenance Expense: $3,000
  • Trash Expense: $2,220
  • Water Sewer Expense: $3,120
  • Total Expenses: $30,660
Tax / Assessment Info
  • Tax Tract Number: 11
  • Tax Census Tract: 750.04
  • CFD/Mello-Roos Fee: $1,000
  • Tax Lot: 8
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Interior Features: Partially Furnished
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Inside, See Remarks
  • Fireplace Features: Family Room
  • Fireplace Rooms: Family Room
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Floor Furnace
  • Heating: Floor Furnace
  • Heat Equipment: Floor Furnace
Exterior Features
  • Entry Location: Varied
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 31-35 Units/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: French Villas
  • Builders Tract Code: French Villas (FRVL)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,250
  • Unit Type Total Rent: $4,250
  • Unit Type Pro Forma: 4250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 2600
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number With Range: 4
  • Number With Refrigerator: 4

Property History for 1104 French Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1104 French Street

Taxable ValueLand$1,050,600Additions$137,700Total$1,188,300
Tax Record2023$14,201 ($1,183 / month)
Home Facts
Total Finished SqFt1,753 SqFtAbove Grade Finished SqFt1,753 SqFtLot Size7,575 SqFtStyleQuadraplexYear Built1923CountyORANGEAPN398-027-20

Schools near 1104 French Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Garfield Elementary School
PublicK to 5

Sierra Preparatory Academy
Public6 to 8

Century High School
Public9 to 12

Orange County Educational Arts Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Doron Refael, Broker, Doron Refael, DRE #01816415

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.