Craftsman Triplex in Historic French
831 French Street, Santa Ana, CA 92701
New
Craftsman, Triplex - Santa Ana, CA
Type:Triplex
Property size:
2,065 SFLot size:
4,356.00 AcresPrice / SF:
$411/SF- Added:
- May 29, 2026
- Days on Market:
- 1
- Last Refresh:
- May 29 at 11:06 pm
Property Features for 831 French Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 2
- Parking features
- Driveway
- Exterior features
- Community Features Included: Curbs, Sidewalks, 0-1 Unit/Acre
- Standard status
- Active
- APN
- 39801803
- Size
- 2,065 SF
- Lot size
- 4,356.00 Acres
Building Details
- Year built
- 1911
- Floors in Building
- 2
- Number of units
- 3
- Building materials
- Wood Siding
- Architectural style
- Craftsman
Listing agent Patricia Garcia-Velasquez License #01032273 (714) 404-9868
Listing office Advance Realty 1611 E 4th St Ste 100, Santa Ana, CA (714) 647-9844
Listing date May 29, 2026
MLS# PW26114732
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Historic Craftsman triplex in desirable Historic French Park neighborhood, offering strong income potential.
- Opportunity for owner‑user to live in one unit and rent the others, offsetting mortgage costs.
- Three units: featuring a 2‑bedroom, 1‑bath unit; a 1‑bedroom, 1‑bath unit (potential for 2nd bedroom); and a studio unit.
- Potential for ADU expansion and cosmetic improvements to increase value (buyer to verify).
- Newer roof and updated electrical panel.
- Features include a welcoming front porch, basement, and detached one‑car garage/storage structure with ADU conversion potential (buyer to verify).
Overview
Located in the Historic French Park neighborhood of Santa Ana, the Gowdy House is a classic Craftsman triplex designated as a contributive property on Santa Ana’s Historic Properties list. The property features three units. Unit A is a ground-level residence of approximately 1,027 square feet with 2 bedrooms, 1 bath, a formal living room, a dining area with built-in buffet, a separate laundry room, and a pantry. Unit B is located upstairs and is approximately 725 square feet, configured as a 1-bedroom, 1-bath with the potential to create a second bedroom. Unit C is a downstairs studio unit of approximately 312 square feet. The property is suited for an owner-user seeking to offset their mortgage or for multi-generational living. Investors may be interested in the multiple income streams and potential upside through cosmetic improvements and potential ADU expansion. Additional features include a front porch, a basement, and a detached rear one-car garage/storage structure that may offer ADU conversion potential. Recent improvements include a newer composition shingle roof and updated electrical panel. The property is a cosmetic fixer with upside in a desirable historic neighborhood. The lot size is 0.1 acres and the property size is 2,065 square feet.
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 |
2,065 SF · lease $32.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$639.0K
$559.1K – $745.5K
NOI $44,727 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$586.3K
$513.0K – $684.0K
NOI $41,042 @ 7.0% cap · market cap 4.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.8642824
- Latitude
- 33.7521621
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Historic Craftsman triplex with income potential in Santa Ana.
Where is this triplex located?
The property is located at 831 French Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Historic Craftsman triplex in desirable Historic French Park neighborhood, offering strong income potential.; Opportunity for owner‑user to live in one unit and rent the others, offsetting mortgage costs.; Three units: featuring a 2‑bedroom, 1‑bath unit; a 1‑bedroom, 1‑bath unit (potential for 2nd bedroom); and a studio unit.
