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Santa Ana Multifamily Investment Opportunity

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
Listed by Michael Ricci · License #01011606
Source Elliman
Added: Mar 10 Checked: Jul 16 at 7:22 am

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.

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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

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.
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