Paired Fourplex Investment
833 N Lacy Street Santa Ana, CA 92701
For Sale
$1,995,000
MULTI_FAMILY - Santa Ana, CA
Days on Market450
Property Features for 833 N Lacy Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
39804201
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1946
Listing Agency:
Ricci Realty
(714) 633-3600
Listed By:
Albert Ricci · License #01011606
(714) 231-6058
Added: May 6, 2025
Changed: Jul 17
Last Checked: Jul 29 at 3:06AM
MLS# PW25101465
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Investment Insights
Based on property information with market context.
This offering consists of a pair of fourplexes with a similar layout, plus a separate building for community laundry. Each fourplex provides eight one-bedroom floorplans, with an eat-in kitchen, living room, and a full bathroom. Four units are on the ground level and four units are on the second level, and all units have individual access. Flooring is a combination of laminate tile and vinyl flooring, with tile countertops throughout. A third building houses the community/coin-op washer and dryer; the washer/dryer units are leased.
The properties are located in the French Park neighborhood of Santa Ana, with one fourplex facing 506 Vance St and the other facing 833 N Lacy St. Tenant garage parking is available in a total of seven one-car spaces, with three spaces facing the alley toward the North East and four spaces facing Vance St on the North West side.
For prospective owners or operators, this structure provides 1-bedroom unit density with on-site, leased community laundry and dedicated garage parking. Reported actual rents total $139,392, with potential rents listed at $191,520 based on $1,995 per unit for eight units per building.
The properties are located in the French Park neighborhood of Santa Ana, with one fourplex facing 506 Vance St and the other facing 833 N Lacy St. Tenant garage parking is available in a total of seven one-car spaces, with three spaces facing the alley toward the North East and four spaces facing Vance St on the North West side.
For prospective owners or operators, this structure provides 1-bedroom unit density with on-site, leased community laundry and dedicated garage parking. Reported actual rents total $139,392, with potential rents listed at $191,520 based on $1,995 per unit for eight units per building.
Key Highlights
- Pair of fourplexes in Santa Ana: one at 506 Vance St and one at 833 N Lacy
- Total 16 one‑bedroom units with eat‑in kitchens, living rooms, and full bathrooms
- Unit mix: 4 ground‑level and 4 second‑level per building, each with individual access
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Two fourplexes with individual-access one-bedroom units and leased coin-op laundry, plus tenant garage spaces.
Where is this quadplex 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: Pair of fourplexes in Santa Ana: one at 506 Vance St and one at 833 N Lacy; Total 16 one‑bedroom units with eat‑in kitchens, living rooms, and full bathrooms; Unit mix: 4 ground‑level and 4 second‑level per building, each with individual access
