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8-Unit Apartment Building
For Sale
$1,995,000

925 N Lacy Street, Santa Ana, CA 92701

Commercial Sale, Santa Ana, CA

Property SizeContact for details
Days on Market499

Property Features for 925 N Lacy Street

General Information

Property type Residential Multi Family
Property subtype Other
Directions From I-5 S Take exit 105A Penn way then take washington ave to Wellington ave, Left onto Lacy
Subdivision 70 - Santa Ana North of First
Standard status Active
APN 39803202

Building Details

Year built 1930
Listing Agency: Ricci Realty
Listed By: Albert Ricci · License #01011606
Added: May 13, 2025 Changed: Aug 24 Last Checked: Sep 23 at 10:06AM
MLS# PW25101989

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1930, this Santa Ana multifamily property contains 8 residential units, each configured with 1 bedroom and 1 bathroom. The consistent unit mix offers a straightforward apartment layout across the building.

The property is located at 925 N Lacy Street in Santa Ana, CA 92701. It may qualify for the Mills Act property tax program, subject to confirmation with the city. Existing tenancy includes long-term residents.

Key Highlights

  • 8‑unit apartment property
  • All 8 units offer 1 bedroom and 1 bathroom
  • Built in 1930

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

4,005
Businesses Nearby

Demographics for 92701, CA

48,789
Population
13,470
Households
3.6
Avg Household Size
32
Median Age
11%
College-Educated
62%
High-School Grad
3.2 sq mi
ZIP Area
15,247
Density / Sq Mi
$68,697
Median Household Income
$33,846
Median Earnings
$1,650
Median Rent
$608,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with uniform one-bedroom, one-bath residences in Santa Ana.
Where is this apartment building located?
The property is located at 925 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: 8‑unit apartment property; All 8 units offer 1 bedroom and 1 bathroom; Built in 1930
More about this property
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