Santa Ana, CA 92701 925 N Lacy Street
$1,995,000
18 more
Presented By: Albert Ricci with Ricci Realty; 714-231-6058
Baths • 1
SQFT • 5,490
Home Details
Great Value Add Opportunity in French Park in Santa Ana. 8 Units, all are 1 bedroom 1 bath. Property may qualify for the Mills Act property tax act, check with city.
Gross potential rents are $191,520 8 units @ $1995
Actual rents are $134,472 long term tenants
Presented By: Albert Ricci with Ricci Realty; 714-231-6058
Interior Features for 925 N Lacy Street
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NNo
Laundry FeaturesCommon Area, In Garage, Laundry Room, Outside
Total Stories2
Other Rooms
Entry Level2
General for 925 N Lacy Street
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Business TypeMulti-Tenant
Cap Rate4.2
CitySanta Ana
Construction MaterialsStucco
CoolingNone
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 person property
Insurance Expense5400
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 Income82328
Number Of Units Total8
Number of Units Leased8
Occupancy TypeOwner
Operating Expense48110
PostalCitySANTA ANA
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofSpanish Tile
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Trash Expense5400
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Sewer Expense1200
Year Built1930
Exterior for 925 N Lacy Street
Building Area Total5490
Lot Features0-1 Unit/Acre, Rectangular Lot
Lot Size Acres0.17
Lot Size Area7405
Lot Size SourceAssessor
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®