Property profile

831 French St Santa Ana, CA 92701

FOR SALE
Triplexes
Property ID
US10-2611125
Built 1911
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831 French St, Santa Ana, CA 92701 For Sale
$849,000
831 French St, Santa Ana, CA 92701
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Property summary

AI-generated overview

Welcome to the Gowdy House, a classic Craftsman triplex located in the highly sought-after Historic French Park neighborhood and designated as a contributive property on Santa Ana's Historic Properties list, check for possible qualification for Mills Act. Rich in character and architectural charm, this is a rare opportunity to own a piece of local history with strong income potential. The property features three units: Unit A is a spacious ground-level residence of approximately 1,027 sq ft(buyer to verify), offering 2 bedrooms with a Jack-and-Jill layout, 1 1/4 bath, a formal living room, dining area with built-in buffet, as well as a separate laundry room and pantry. Unit B is located upstairs and is approximately 725 sq ft(buyer to verify), configured as a 1-bedroom, 1-bath with potential to easily create a second bedroom. Unit C is a downstairs studio unit of approximately 312 sq ft(buyer to verify), ideal for additional income or flexible use. An exceptional opportunity for an owner-user, this "live in one and rent the others" setup provides the ability to offset your mortgage while enjoying the character of a historic home, with added flexibility for multigenerational living. Investors will be drawn to the triplex layout, delivering multiple income streams and significant upside through cosmetic improvements and potential ADU expansion (buyer to verify). Additional features include a welcoming front porch, basement for added storage or potential use, and a detached rear storage structure that may offer ADU conversion potential (buyer to verify with the City). Recent improvements include an updated electrical panel and subpanel. This is a fixer with tremendous upside in one of Santa Ana's most desirable historic neighborhoods.

Property profile

Verified
Property type Triplexes
Year built 1911
UPID US10-2611125

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

831 French St Santa Ana, CA 92701
Santa Ana metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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