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Residential Income - 1221 N Lacy Street, Santa Ana, CA

$1,200,000

1221 N Lacy Street, Santa Ana, CA

MLS# OC26224237

1221 N Lacy Street, Santa Ana, CA 92701 - $1,200,000 · Multi-Family Home for Sale, photo 1 1221 N Lacy Street, Santa Ana, CA 92701 - $1,200,000 · Multi-Family Home for Sale, photo 2 1221 N Lacy Street, Santa Ana, CA 92701 - $1,200,000 · Multi-Family Home for Sale, photo 3 1221 N Lacy Street, Santa Ana, CA 92701 - $1,200,000 · Multi-Family Home for Sale, photo 4 1221 N Lacy Street, Santa Ana, CA 92701 - $1,200,000 · Multi-Family Home for Sale, photo 5
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Description

Presenting 1221-1227 N Lacy Street, a value-add four-unit multifamily property in Santa Ana’s historic French Park neighborhood. Offered for the first time in more than 20 years, the property gives an investor a rare chance to acquire a well-located asset close to Downtown Santa Ana. The property consists of four two-bedroom, one-bath units, each with a garage space, open parking, and access to an on-site laundry facility. The interiors are largely original. This creates a value-add opportunity for an investor who plans to renovate units as they turn over. The property also offers a potential ADU opportunity. Buyer must verify with the City of Santa Ana. The property is approximately 0.9 miles from Downtown Santa Ana and its restaurants, entertainment, and employment base. It is also approximately 0.3 miles from the planned Santa Ana Blvd and Lacy St station on the OC Streetcar line. Residents have convenient access to the I-5 freeway and the Santa Ana Regional Transportation Center.

Property details

Year built
1948
Property type
Residential Income
Lot size
6,800 sqft

Location

1221 N Lacy Street • Santa Ana, CA 92701

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Listing Agent

Justin Butler

DRE #: 02092220

Brokerage: Kirklen Investment Group

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CRMLS

MLS# OC26224237

Listed: 10/15/2026 7:47 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/16/2026 6:17 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Kirklen Investment Group

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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Nalren Corp. · CA DRE #02423715