---
listing_id: CRPW26176654
status: Active
price: 1595000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 7916
lot_acres: 
year_built: 1969
property_type: Residential Income
property_subtype: 
address: "2236 E Franzen"
city: Santa Ana
state: CA
zip: 92705
county: "Orange County"
lat: 33.7691604
lng: -117.8335576
days_on_market: 0
hoa_fee: 
hoa_frequency: 
garage_spaces: 4
list_agent: "Rick Applebaum"
list_office: "Morgan Skenderian"
list_agent_phone: "–"
list_agent_license: 01273871
mls_source: CRMLS
modified: 2026-08-12
transaction_type: buy
---

Home | Orange County | Santa Ana | 92705 | 2236 E Franzen

2236 E Franzen, Santa Ana, CA 92705

MLS: CRPW26176654 | Status: Active | Price: $1,595,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
7,916 1969

Remarks

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

MLS Listing Information

Field Value
MLS # CRPW26176654
MLS Source California Regional MLS
Days on Site 0

Features

Interior Features

Feature Details
Laundry Community Facility
Cooling Window/Wall Unit

Exterior Features

Feature Details
Pool None

Parking, School, and Other Information

Feature Details
Garage/Parking Garage: 4 Car(s)
HOA Fee $0

Contact Information

Listing Agent Co-Listing Agent
Rick Applebaum Paul Espinosa
Morgan Skenderian Morgan Skenderian
License #: 01273871 License #: 01942627
Phone: – Phone: –

Property Units

# Buildings # Leased Units # Total Units
1 4

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
John Muir Fundamental Elementary School public K-5 0.70 mi 6
La Veta Elementary School public K-6 0.92 mi 6
Loma Vista Elementary School public K-5 0.94 mi 7
Fairhaven Elementary School public K-6 1.04 mi 7
Sierra Preparatory Academy public K-8 1.06 mi 2
Palmyra Gate Magnet public K-6 1.12 mi 7
OUSD EDGE Virtual Academy public K-12 1.14 mi 9
Rop-Career Education public UG 1.14 mi N/A
OUSD Community Day School public 7-12 1.15 mi N/A
OUSD Home School public K-12 1.15 mi 4
Helen Estock Elementary School public K-5 1.39 mi 3
McPherson Magnet School public K-8 1.40 mi 8
Columbus Tustin Middle School public 6-8 1.52 mi 6
Guin Foss Elementary School public K-5 1.60 mi 6
Hewes Middle School public 6-8 1.67 mi 7
Jordan Academy of Language and Computer Science public K-6 1.68 mi 5
Reach Academy public 6-12 1.73 mi 2
Cambridge Elementary School public K-6 1.80 mi 2
Wallace R. Davis Elementary School public K-6 1.90 mi 3
Prospect Elementary School public K-6 1.92 mi 5

Nearby Homes

Address Price Beds Baths Sq Ft Status
1200 W Sycamore $1,480,000 PendingDoNotShow
217 N Mcclay $1,299,000 Active
175 S Woodlawn Drive $1,675,000 Active
620 E Pine $1,689,000

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of August 12, 2026. For the most current information, please contact Rick Applebaum.