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$1,850,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 2318 Franzen

General

  • Price: $1,850,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW25259316
  • Updated: 12/3/2025
  • Days on Market: 67 days
  • Added to Site: 67 day(s) ago

Interior

  • Fireplace(s): Living Room
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Flooring: Carpet, Laminate, Tile, Vinyl

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 4
  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: 70 - Santa Ana North of First
  • County: Orange
  • Development Name: 70 - Santa Ana North of First
  • Driving Directions: East of Tustin Ave on Franzen

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 5
  • # Electric Meters: 5

Structural Information

  • Windows: Double-Pane Windows
  • Entry Location: Ground
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 4,180
  • Year Built: 1969

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Lot Size Source: Assessor
  • Lot Description: Front Yard, Landscaped, Level, Sprinkler System

Financial Considerations

  • Price Per Sq. Ft.: $442.58
  • Price Per Unit: 462500

Listed by SR White and Associates, Steven White

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Listing agent

— 2318 Franzen —

  • Steven White

    SR White and Associates

3106298661

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2318 Franzen

School District:Orange Unified School District
NameGradesDistance
La Veta Elementary School
2800 East La Veta Avenue, Orange, CA 92869
K-60.8 mi
El Modena High School
3920 East Spring Street, Orange, CA 92869
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2318 Franzen Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Price Reduced
$1,850,000
-9.76%
MLS
11/12/2025
Listed
$2,050,000
26.15%
MLS
7/16/2021
Sold
$1,625,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2318 Franzen

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,376
2%
$1,724,463
2%
2024
$18,948
2%
$1,690,650
2%
2023
$18,530
2%
$1,657,500
2%
2022
$18,170
45%
$1,625,000
48%
2021
$12,495
1%
$1,099,218
1%
2020
$12,380
1%
$1,087,947
2%
2019
$12,228
2%
$1,066,615
2%
2018
$12,043
4%
$1,045,701
2%
2017
$11,552
2%
$1,025,198
2%
2016
$11,332
274%
$1,005,097
394%
2015
$3,033
2%
$203,513
2%
2014
$2,970
1%
$199,527
—
2013
$2,947
—
$198,626
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2318 Franzen

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by SR White and Associates, Steven White

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2318 Franzen, Santa Ana, CA 92705 (MLS# PW25259316) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 2318 Franzen is currently listed for $1,850,000 and was received on November 12, 2025. Want to learn more about 2318 Franzen? Do you have questions about finding other Multi-Family real estate for sale in Santa Ana? You can browse all Santa Ana real estate or contact a Coldwell Banker agent to request more information.

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