1121 French Street

Santa Ana, CA 92701

$1,140,000
Last Sold Price
3
Beds
4
Baths
4,139 Sq. Ft.
$275 / Sq. Ft.
4,139
Sq. Ft.
$275
per Sq. Ft.

Description

1121 French Street is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1937, 1121 French Street consists of spacious one- and two-bedroom units and offers ample garage parking and open parking. 1121 French Street is located in the Historic French Park neighborhood of Santa Ana, a 20-square-block neighborhood of stately antique homes that is highly sought after for both owners and renters. The property is less than half a mile from Downtown Santa Ana providing residents...1121 French Street is a 4-unit multifamily investment property located in Santa Ana, CA. Built in 1937, 1121 French Street consists of spacious one- and two-bedroom units and offers ample garage parking and open parking. 1121 French Street is located in the Historic French Park neighborhood of Santa Ana, a 20-square-block neighborhood of stately antique homes that is highly sought after for both owners and renters. The property is less than half a mile from Downtown Santa Ana providing residents with easy access to the City's civic center and downtown entertainment. Additionally 1121 French Street is 0.5 miles from Interstate 5 and the Santa Ana Regional Transportation Center (SARTC), providing residents with easy access to major employment centers throughout North Orange County.
  1. Listed by Tyler Leeson • DRE #01451551 • Brokerage DRE #00530854 • Marcus & Millichap RE Invest

Property Details for 1121 French Street

Parking Spaces Total
8
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4139
Assessor Parcel Number
398-028-05
Property Attached YN
false

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Sold By Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Add your commute
LISTING UPDATED: 03/22/2021 11:03 AM

Property Details for 1121 French Street

StatusClosed
MLS #OC20243229
Days on Market95
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.14 AC / 6,098 SF
CountyOrange County

Location

Listing Courtesy of Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Sold By Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

Add your commute

Building Information for 1121 French Street

Stories2Residences-Year Built1937Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$7,402 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,221

Property Taxes

$1,181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1121 French Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $70,440
  • Gross Scheduled Income: $70,440
  • Vacancy Allowance: 2113
  • Gross Operating Income: $68,327
  • Net Operating Income: $44,330
  • Financing: Cash
Expense Details
  • Operating Expense: $23,997
  • New Taxes Expense: $13,975
  • Fuel Expense: $1,191
  • Electric Expense: $1,191
  • Insurance Expense: $1,060
  • Maintenance Expense: $2,000
  • Other Expense: $2,200
  • Other Expense Description: Misc
  • Trash Expense: $1,191
  • Water Sewer Expense: $1,191
  • Total Expenses: $23,997
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 138
  • Tax Census Tract: 744.05
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Landscaped
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,725
  • Unit Type Total Rent: $2,725
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,145
  • Unit Type Total Rent: $3,145
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1121 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 1121 French Street

Taxable ValueLand$988,380Additions$197,676Total$1,186,056
Tax Record2023$14,176 ($1,181 / month)
Home Facts
Total Finished SqFt4,139 SqFtAbove Grade Finished SqFt4,139 SqFtStories2Lot Size6,101 SqFtStyleQuadraplexYear Built1937CountyORANGEAPN398-028-05

Schools near 1121 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.

Similar Homes

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Similar Sold Homes

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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 Marcus & Millichap RE Invest, Tyler Leeson, DRE #01451551

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.