831 French St Santa Ana, CA 92701
Three-unit Craftsman triplex with basement, front porch, and updated electrical—well-suited for owner-users or rental operators.
- Added:
- Jun 3, 2026
- Days on Market:
- 42
- Last Refresh:
- Jun 6 at 4:00 am
Property Features for 831 French St
General Information
- Standard status
- Active
- Size
- 2,064 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1911
Listing office Advance Realty (714) 647-9374
Listing date Jun 3, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Advance Realty
Investment Insights
Based on property information with market context.
The property is designated as a contributive property on Santa Ana’s Historic Properties list, and buyers can check for possible qualification for the Mills Act.
This is a fixer property offering a practical live-in-or-rent configuration, with multiple units for rental income. It may also appeal to buyers interested in further improvements and the possibility of expanding uses through ADU conversion, subject to City verification.
Key Highlights
- Classic Craftsman triplex built in 1911 in Santa Ana’s Historic French Park neighborhood
- 3 units: Unit A (ground‑level, ~1,027 SF, 2 bed/1.25 bath) plus Unit B (~725 SF, 1 bed/1 bath) and Unit C (~312 SF studio)
- Unit A includes a Jack‑and‑Jill bed layout, formal living room, dining area with built‑in buffet, plus separate laundry room and pantry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.9k | $32.40 |
| − Vacancy | −$3.0k | −$1.46 |
| EGI | $63.9k | $30.94 |
| − OpEx | −$19.2k | −$9.28 |
| NOI | $44.7k | $21.66 |
