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833 N Lacy Street, Santa Ana, CA 92701

Commercial property

833 N Lacy Street, Santa Ana, CA 92701 Sold September 2026 CRMLS
$1,460,000Sold September 2026

Listing Agent: Albert Ricci (DRE #01011606) · Listing Office: Ricci Realty · Contact: 714-231-6058 · Bought with: Luis Anaya · eXp Realty of Southern Ca, Inc · MLS #PW25101465 · Source: CRMLS

5,880
Building Sq Ft
43
Units
4.40%
Cap Rate
$87,464
NOI
9,148 sqft
Lot Size
1946
Year Built
Commercial property
Type

How this sale compares

833 N Lacy Street sold for $1,460,000 in September 2026, 27% under its $1,995,000 list price, after 477 days on the market.

477
Days on market
−27%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

Great Value-Add opportunity in the renowned French Park neighborhood in Santa Ana. Located 1 block away from East Civic Center Drive. Be right in the action of the redevelopment going on in Downtown Santa Ana. This is a pair of fourplexes, one facing 506 Vance St and one facing 833 N Lacy. Both have a similar layout: eight one-bedroom floorplans with an eat-in kitchen, living room, and full bathroom. There are four ground-level units and four units on the second level, all with individual access. A third building houses the community/coin-op washer and dryer; the washer/dryer units are leased. Seven one-car garage spaces are available for tenant use; three face the alley towards the North East, and four face Vance St on the North West Side. The units' flooring is a combination of laminate tile and vinyl flooring, and countertops are tile. Potential rents are $191,520 ($1,995 x8) Actual rents are $139,392

Listing description from the September 2026 sale, as reported to CRMLS.

Sale history

$1,460,000
Sold September 2026 · listed $1,995,000, on market May 2025, 477 days on market · MLS #PW25101465 · Source: CRMLS
Listing Agent: Albert Ricci · Listing Office: Ricci Realty · Contact: 714-231-6058 · Bought with: Luis Anaya · eXp Realty of Southern Ca, Inc
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