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Paired Fourplex Investment Property

833 N Lacy Street Santa Ana, CA 92701

833 N Lacy Street, Santa Ana, CA, 92701
$1,995,000
For Sale
Claim this Listing
$1,995,000

MULTI_FAMILY - Santa Ana, CA

AddedMay 6, 2025
Days on Market437
Last RefreshJul 16 at 2:06 am

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

Building Details

Year built
1946

Listing agent Albert Ricci License #01011606

Listing office Ricci Realty 606 E Chapman #100, Orange, CA

Listing date May 6, 2025

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 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.

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 by Public Records

Quadplexes

Suggested Use

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

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

FAQs

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
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