Santa Ana Multifamily Investment
925 N Lacy St Santa Ana, CA 92701
925 N Lacy St, Santa Ana, CA, 92701
$1,995,000
For Sale
$1,995,000
Multifamily property in Santa Ana's French Park neighborhood.
Lot Size0.17 Acres
Days on Market129
Property Features for 925 N Lacy St
General Information
- Standard status
- Active
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing Agency
Ricci Realty
(714) 231-6058
Listed by
Michael Ricci · License #01011606
Source
Elliman
Added: Mar 10 Checked: Jul 16 at 7:22 am
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Investment Insights
Based on property information with market context.
This multifamily property is located in the French Park neighborhood of Santa Ana. It features 8 units, each with 1 bedroom and 1 bathroom. The property presents a value-add opportunity. The property may qualify for the Mills Act property tax act; interested parties should check with the city. The gross potential rents are $191,520, based on 8 units at $1995. Actual rents are $112,272 from long-term tenants.
Key Highlights
- Value‑add opportunity: increase rents from $112,272 to a potential gross of $191,520.
- Located in the desirable French Park neighborhood of Santa Ana.
- Eight 1‑bedroom, 1‑bath units offer a straightforward rental configuration.
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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 925 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: increase rents from $112,272 to a potential gross of $191,520.; Located in the desirable French Park neighborhood of Santa Ana.; Eight 1‑bedroom, 1‑bath units offer a straightforward rental configuration.