Apartment Building with 8
921 N Lacy Street Santa Ana, CA 92701
921 N Lacy Street, Santa Ana, CA, 92701
$1,995,000
For Sale
$1,995,000
MULTI_FAMILY - Santa Ana, CA
Days on Market436
Property Features for 921 N Lacy Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 39803203
Building Details
- Year built
- 1932
Listing agency
Ricci Realty
(714) 633-3600
Listed by
Albert Ricci · License #01011606
(714) 231-6058
Added: May 13, 2025 Updated: Jul 15 at 10:05PM Checked: Jul 22 at 9:06AM
MLS# PW25101861
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Investment Insights
Based on property information with market context.
This for-sale apartment building contains 8 units, each configured as a 1 bedroom and 1 bathroom. The property also includes a laundry room, providing an on-site amenity for residents. Public remarks note the possibility of qualifying for the Mills Act property tax program; prospective buyers should verify eligibility with the City.
Located in the French Park neighborhood of Santa Ana, the property is addressed at 921 N Lacy Street, Santa Ana, CA 92701. The listing remarks indicate the building is part of a portfolio of four contiguous properties, which may be relevant for buyers seeking to consolidate assets.
From an operator standpoint, the current and projected income figures cited in the remarks may be important for underwriting and tenant leasing planning. The listing states potential market rents of $191,520 per year compared to actual rents of $130,056, subject to verification during due diligence. As with any portfolio offering, terms may involve shared decision-making: the sale is described as subject to all beneficiaries approval. This is a straightforward multifamily asset for investors or owner-operators focused on managing a small unit count with dedicated on-site laundry.
Located in the French Park neighborhood of Santa Ana, the property is addressed at 921 N Lacy Street, Santa Ana, CA 92701. The listing remarks indicate the building is part of a portfolio of four contiguous properties, which may be relevant for buyers seeking to consolidate assets.
From an operator standpoint, the current and projected income figures cited in the remarks may be important for underwriting and tenant leasing planning. The listing states potential market rents of $191,520 per year compared to actual rents of $130,056, subject to verification during due diligence. As with any portfolio offering, terms may involve shared decision-making: the sale is described as subject to all beneficiaries approval. This is a straightforward multifamily asset for investors or owner-operators focused on managing a small unit count with dedicated on-site laundry.
Key Highlights
- 1932‑built 8‑unit property in the French Park neighborhood of Santa Ana
- All units are 1 bed / 1 bath (8 units total)
- On‑site laundry room on the property
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Apartment building with eight 1-bed/1-bath units and on-site laundry room for potential Mills Act consideration.
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: 1932‑built 8‑unit property in the French Park neighborhood of Santa Ana; All units are 1 bed / 1 bath (8 units total); On‑site laundry room on the property
