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833 N Lacy St Santa Ana, CA 92701

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For Sale
$1,995,000

Value-add fourplexes in Santa Ana's French Park neighborhood.

Lot size:
0.21 Acres

Property Features for 833 N Lacy St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.21 Acres

Building Details

Year built
1946

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Listing Contact
Aj Ricci
Source: Elliman

Listing Agency: Ricci Realty Listing Agent: Aj Ricci

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Santa Ana Fourplex Value-Add Opportunity

Located in the French Park neighborhood of Santa Ana, this property presents a value-add opportunity. It is situated one block from East Civic Center Drive, near the redevelopment activity in Downtown Santa Ana. The property consists of a pair of fourplexes: one facing 506 Vance St and the other facing 833 N Lacy. Both fourplexes feature a similar layout, with eight one-bedroom floorplans that include an eat-in kitchen, a living room, and a full bathroom. There are four ground-level units and four units on the second level, each with individual access. A separate building houses a community coin-operated washer and dryer, which are leased. Seven one-car garage spaces are available for tenant use; three face the alley towards the North East, and four face Vance St on the North West Side. The units have a combination of laminate tile and vinyl flooring, and tile countertops. The current actual rents are $131,652, with potential rents of $191,520.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Santa Ana
County
Orange
State
California
Longitude
-117.8623828
Latitude
33.7532321

FAQs

What type of property is this?
Quadplex - Value-add fourplexes in Santa Ana's French Park neighborhood.
Where is this quadplex located?
The property is located at 833 N Lacy St 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: - Value-add opportunity in the desirable French Park neighborhood.; - Located near the Downtown Santa Ana redevelopment area.; - Two fourplexes included in the sale, totaling eight units.
More about this property
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