Santa Ana, CA 92701 921 N Lacy Street

$1,995,000

921 N Lacy Street Santa Ana, CA - Image 1921 N Lacy Street Santa Ana, CA - Image 2921 N Lacy Street Santa Ana, CA - Image 3
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921 N Lacy Street Santa Ana, CA - Image 4921 N Lacy Street Santa Ana, CA - Image 5921 N Lacy Street Santa Ana, CA - Image 6921 N Lacy Street Santa Ana, CA - Image 7921 N Lacy Street Santa Ana, CA - Image 8921 N Lacy Street Santa Ana, CA - Image 9921 N Lacy Street Santa Ana, CA - Image 10921 N Lacy Street Santa Ana, CA - Image 11
Presented By: Albert Ricci with Ricci Realty; 714-231-6058
  • MLS# PW25101861
  • 05/13/2025
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  • Baths • 1
  • SQFT • 5,452

Home Details

Great Value Add opportunity in the French Park neighborhood in Santa Ana. 8 units, all 1 bed 1 bath. Profitable laundry room. May qualify for the Mills Act property tax act, check with the city. POTENTIAL MARKET RENTS ARE $191, 520/ YEAR - 8 UNITS AT $1,995 Actual rents are $130, 056 Part of a portfolio of 4 contiguous properties. Offer subject to all beneficiaries approval.
Presented By: Albert Ricci with Ricci Realty; 714-231-6058

Interior Features for 921 N Lacy Street

Other Interior Features

LivingAreaSourcePublic Records
Laundry FeaturesCommon Area, In Garage, Laundry Room, Outside
Total Stories2

Other Rooms

Entry Level2

General for 921 N Lacy Street

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Business TypeMulti-Tenant
Cap Rate5.3
CitySanta Ana
Construction MaterialsStucco
CountyOrange
Current FinancingNone
Current UseMulti-Family
DirectionsFrom I-5 S Take exit 105A Penn way then take washington ave to Wellington ave, Left onto Lacy
ElectricStandard
Electric Expense1920
ExclusionsAll tenants personal property.
Insurance Expense4000
Land Lease Y/NNo
Lease Considered Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet7405
Lot Size UnitsSquare Feet
MLS Area70 - Santa Ana North of First
Net Operating Income104339
Number Of Units Total8
Number of Units Leased8
Occupancy TypeOwner
Operating Expense41677
PostalCitySANTA ANA
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Trash Expense5304
UtilitiesElectricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water Sewer Expense2520
Year Built1932

Exterior for 921 N Lacy Street

Building Area Total5452
Lot Features0-1 Unit/Acre
Lot Size Acres0.17
Lot Size Area7405
Lot Size SourceAssessor
LotDimensionsSourcePublic Records
Number of Buildings1
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Josh Russell

Realtor®
Price $1,995,000
MLS#PW25101861
List Date 05/13/2025
Property Type Commercial
Phone 415.602.7481
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