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Eight-Unit Apartment Property
For Sale
Under Contract
$1,995,000

833 N Lacy Street, Santa Ana, CA 92701

Commercial Sale, Santa Ana, CA

Property SizeContact for details
Days on Market488

Property Features for 833 N Lacy Street

General Information

Property type Commercial Sale
Property subtype Other
Directions From Santa Ana Fwy (5), Take off ramp 105A onto Penn Way, Right onto E Washington Ave, Left on N Lacy St
Subdivision 70 - Santa Ana North of First
Standard status Active Under Contract
APN 39804201

Utilities

Cooling system Window Unit(s), Wall/Window Unit(s)

Amenities

coin-operated laundry

Building Details

Year built 1946
Listing Agency: Ricci Realty
Listed By: Albert Ricci · License #01011606
Added: May 6, 2025 Changed: Sep 2 Last Checked: Sep 5 at 9:06AM
MLS# PW25101465

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.

Investment Insights

Based on property information with market context.

This apartment property consists of two fourplex buildings with eight single-bedroom units. Each residence includes a kitchen with dining space, a living room, and a full bathroom, with separate access for every unit. Four apartments are positioned at ground level and four are on the second floor. Interior finishes include laminate tile and vinyl flooring with tile countertops.

A separate structure contains the community laundry area, where coin-operated washers and dryers are leased. Tenant parking includes seven individual garage spaces: three open toward the northeast alley and four face Vance Street. The buildings date to 1946 and are located at 833 N Lacy Street and 506 Vance Street in Santa Ana.

Key Highlights

  • Eight total units arranged across two fourplex buildings
  • Eight single‑bedroom floorplans with kitchens, living rooms, and full bathrooms
  • Four ground‑level apartments and four second‑floor apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tech Support Center Clothing & Fashion Store Computer & Electronic Repair Restaurant Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,085
Businesses Nearby

Demographics for 92701, CA

48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two fourplexes provide single-bedroom residences with private entrances and shared laundry facilities.
Where is this apartment building located?
The property is located at 833 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: Eight total units arranged across two fourplex buildings; Eight single‑bedroom floorplans with kitchens, living rooms, and full bathrooms; Four ground‑level apartments and four second‑floor apartments
More about this property
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