921 N Lacy Street Santa Ana, CA 92701
- Added:
- May 13, 2025
- Days on Market:
- 350
- Last Refresh:
- Apr 27 at 11:06 pm
Property Features for 921 N Lacy Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 39803203
- Size
- 5,452 SF
Building Details
- Year built
- 1932
- Architectural style
- Other
Listing agent Albert Ricci License #01011606 (714) 231-6058
Listing office Ricci Realty 606 E Chapman #100, Orange, CA (714) 633-3600
Listing date May 13, 2025
MLS# PW25101861
Listing URL
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Overview
Santa Ana Multifamily Investment Opportunity
Located in the French Park neighborhood of Santa Ana, this multifamily property presents a value-add opportunity. The property consists of 8 units, each featuring 1 bedroom and 1 bathroom. A profitable laundry room is located on the premises. The property may qualify for the Mills Act property tax act; interested parties should verify with the city. The potential market rents are $191,520 per year, based on $1,995 per unit, while the actual rents are $130,056. The property is part of a portfolio of 4 contiguous properties. The property size is 5,452 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Santa Ana
- County
- Orange
- State
- California
- Longitude
- -117.8629468
- Latitude
- 33.7541796
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily property in Santa Ana's French Park neighborhood.
Where is this apartment building located?
The property is located at 921 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: Significant value‑add opportunity: actual rents are substantially below potential market rents, indicating a strong opportunity to increase income.; High potential market rents: projected annual market rents of $191,520 based on $1,995 per unit.; Located in desirable French Park neighborhood: attractive location in Santa Ana's French Park neighborhood.
