Santa Ana Multifamily Investment
921 N Lacy St Santa Ana, CA 92701
921 N Lacy St, Santa Ana, CA, 92701
$1,995,000
For Sale
$1,995,000
Eight-unit apartment building in Santa Ana's French Park neighborhood.
Lot Size0.17 Acres
Days on Market128
Property Features for 921 N Lacy St
General Information
- Standard status
- Active
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1932
Listing Agency
Ricci Realty
(714) 231-6058
Listed by
Albert Ricci · License #01011606
Source
Elliman
Added: Mar 11 Checked: Jul 15 at 8:12 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ricci Realty
Investment Insights
Based on property information with market context.
Located in the French Park neighborhood of Santa Ana, this multifamily property features eight units, each with one bedroom and one bathroom. The property includes a profitable laundry room. It presents a value-add opportunity with potential for increased rental income. The property may qualify for the Mills Act property tax act; interested parties should verify with the city. Actual rents are $130,056. Potential market rents are $191,520 per year, based on $1,995 per unit. This property is part of a portfolio of four contiguous properties. The offer is subject to all beneficiaries' approval.
Key Highlights
- Value‑add opportunity to increase annual rental income to $191,520.
- Located in the desirable French Park neighborhood of Santa Ana.
- Eight 1‑bed, 1‑bath units offer a straightforward rental configuration.
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-unit apartment building in Santa Ana's French Park neighborhood.
Where is this apartment building located?
The property is located at 921 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 to increase annual rental income to $191,520.; Located in the desirable French Park neighborhood of Santa Ana.; Eight 1‑bed, 1‑bath units offer a straightforward rental configuration.
