1004 French St, Santa Ana, CA 92701
Image 2 for 1004 French St, Santa Ana, CA 92701
Image 3 for 1004 French St, Santa Ana, CA 92701
View Photos

1004 French St Santa Ana, CA 92701

$1,847,500 Sold Price as of 02/18/2022
  • 6 Beds
  • 7 Baths
  • 3,922 Sq.Ft.
Sold
$1,847,500 Sold Price as of 02/18/2022 Refinance Your Mortgage

Map preview of 1004 French St, Santa Ana, CA 92701

Property Overview: 1004 French St Santa Ana, CA has 6 bedrooms, 7 bathrooms, 3,922 living square feet and 9,147 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1004 French Street is located in the highly coveted French Park neighborhood of Santa Ana, California. The current owner has taken great care of this 7-unit corner-lot apartment property, with 4 of 7 units receiving significant interior renovations in the past 36 months including new flooring, new paint, new kitchens, and new bathrooms. The unit mix consists of seven 1 bedroom / 1 bathroom units, and is located just blocks from Main Street & Civic Center Drive near a multitude of government employers including the OC Sheriff’s Department, OC Department of Child Support Services, and OC Healthcare Agency. Each unit is separately metered for gas and electric with private on-site surface and garage parking available. Santa Ana is in the county seat of Orange County, California and it is the second most populous in the county. The United States Census Bureau estimated its 2019 population at 332,318, making Santa Ana the 57th most populous city in the United States. Santa Ana is in Southern California, adjacent to the Santa Ana River, about 10 miles (16 km) from the coast. Founded in 1869, the city is part of the Greater Los Angeles Area, the second largest metropolitan area in the United States, with almost 18 million residents in 2010. Santa Ana is a very densely populated city, ranking fourth nationally in that regard among cities of over 300,000 residents (trailing only New York City, San Francisco, and Boston). New York Times characterizes Santa Ana as the "face of a new California, a state where Latinos have more influence in everyday life — electorally, culturally and demographically — than almost anywhere else in the country. The local apartment market in the city of Santa Ana remains strong, and thus this property offers an investor the ability to capture quality residents seeking a well-located neighborhood with convenient access to a wide variety of retail, transportation and educational amenities.

Listed by Mark Bridge | BRE #01316702 | Mark Bridge, Broker
Last checked: 4 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 119

Home details

Lot Sq. Ft
9,147
HOA Dues
$0/mo
Year built
1947
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC21225254
City
Santa Ana
County
Orange
Time on Site
899 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 2
  • # of Leased Units: 7
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,595
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 5
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $1,695
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,525
  • Total Rent: $1,525
  • Pro Forma/Market Rent: $1,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: 16.5
  • Gross Scheduled Income: $117,900
  • Net Operating Income: $75,577
  • Gross Operating Income: $115,542
  • Vacancy Allowance: $2,358
  • Gross Spendable Income: $116,742
Annual Expense Breakdown
  • Total Operating Expense: $41,165
  • Electric: $3,084
  • Gas/Fuel: $1,044
  • New Taxes: $23,839
  • Trash: $2,292
  • Gardener: $1,800
  • Insurance: $2,450
  • Maintenance: $3,500
  • Professional Management: $0
  • Water/Sewer: $1,956
  • Other Expenses: $1,200
  • Other Expense Description: Misc.

Property Details for 1004 French St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 39802715
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: 5 Freeway, Exit Santa Ana Blvd
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban
View more facts & features

Local Santa Ana Agent

Loading...

Sale History for 1004 French St

Last sold for $1,847,500 on February 18th, 2022
  • February, 2022

  • Feb 20, 2022

    Date

    Sold

    CRMLS: OC21225254

    $1,847,500

    Price

  • Feb 8, 2022

    Date

    Pending

    CRMLS: OC21225254

    $2,020,000

    Price

  • September, 2018

  • Sep 4, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,480,000

    Price

  • July, 2015

  • Jul 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,030,000

    Price

Show More

Tax History for 1004 French St

Assessed Value (2020): $1,475,000
Year Land Value Improved Value Assessed Value
2020 $1,062,000 $413,000 $1,475,000

Home Value Compared to the Market

This property vs the competition

1004 French St sold on February 18, 2022 for 138.89% higher than the current median sold price for the city of Santa Ana which is $820,000. The median sold price per/sqft for Santa Ana is $585 and this home is sold at $499.46 per/sqft which puts the price per square foot 14.62% lower than the current median sale per square foot for the city of Santa Ana.

About 1004 French St

Detailed summary of property

1004 French St is a multi family that recently sold in Santa Ana, CA 92701. This multi family property offered 6 bedrooms, 7 bathrooms, roughly 3,922 living square feet, and sits on an approximately 9,147 square foot lot. 1004 French St was first listed on ArdentRealEstateGroup.com on October 11, 2021. The homeowner sold the property for $1,847,500. Home in Santa Ana are selling for a median price of $820,000 and a median price per square foot of $585. Based on Ardent Real Estate Group's Santa Ana Market Data, this home is sold 138.89% higher than the current median priced home. Local homes that are currently for sale include 186 Del Mar Ave, 602 E Wilhelmina St and 216 Monte Vista Ave. While the average home in Santa Ana, CA is selling in 51 days, 1004 French St has a days on market of 119 days. There are currently 220 homes for sale in the Santa Ana real estate market and 113 of them are single family homes while 95 of them are condos and 11 are townhomes. For more information on this home for sale at 1004 French St Santa Ana, CA 92701 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Ana agents.

Public Facts for 1004 French St

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
3,922
Lot Size
8,977
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
76
APN
398-027-15

The source for these homes facts are from public records.

92701 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$445,500
Median List Price/Sq.Ft.
$451
Median Sold Price
$500,000
Median Sold Price/Sq.Ft.
$451
Total Inventory
46
Median Sale to List Price %
102.04%
Avg Days on Market
18
Loan Type
Conventional (66.67%), FHA (22.22%), VA (0%), Cash (11.11%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 1004 French St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.