1-Bedroom Multifamily with 8
925 N Lacy Street Santa Ana, CA 92701
925 N Lacy Street, Santa Ana, CA, 92701
$1,995,000
For Sale
$1,995,000
MULTI_FAMILY - Santa Ana, CA
Days on Market437
Property Features for 925 N Lacy Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 39803202
Building Details
- Year built
- 1930
Listing agency
Ricci Realty
(714) 633-3600
Listed by
Albert Ricci · License #01011606
(714) 231-6058
Added: May 13, 2025 Updated: Jul 6 at 3:39PM Checked: Jul 23 at 1:06AM
MLS# PW25101989
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Investment Insights
Based on property information with market context.
This multifamily property consists of 8 units, and each unit is configured as 1 bedroom and 1 bathroom. It is presented as a value-add opportunity, with the provided rent information indicating room to evaluate performance against gross potential rents.
The building is located at 925 N Lacy Street in Santa Ana, California. Public remarks note the property may qualify for the Mills Act property tax program, subject to confirmation with the City.
Current actual rents are listed as $134,472, while gross potential rents are provided as $191,520. With all units described as long-term tenant occupancy, the property is best suited for buyers or operators looking for a straightforward 8-unit residential income asset and willing to diligence the gap between actual and gross potential rent numbers, as well as any Mills Act eligibility.
The building is located at 925 N Lacy Street in Santa Ana, California. Public remarks note the property may qualify for the Mills Act property tax program, subject to confirmation with the City.
Current actual rents are listed as $134,472, while gross potential rents are provided as $191,520. With all units described as long-term tenant occupancy, the property is best suited for buyers or operators looking for a straightforward 8-unit residential income asset and willing to diligence the gap between actual and gross potential rent numbers, as well as any Mills Act eligibility.
Key Highlights
- 8‑unit multifamily built in 1930 in French Park, Santa Ana
- All units are 1 bedroom, 1 bath (8 units total)
- Gross potential rents are $191,520 based on 8 units @ $1,995
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eight 1-bedroom, 1-bath units offer an operator the ability to evaluate rent upside versus gross potential.
Where is this apartment building located?
The property is located at 925 N Lacy Street Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 8‑unit multifamily built in 1930 in French Park, Santa Ana; All units are 1 bedroom, 1 bath (8 units total); Gross potential rents are $191,520 based on 8 units @ $1,995
