Property
Listing Agent: Gary Tolfa (DRE #00955403) · Listing Office: Triqor Group · Contact: gary@triqorgroup.com · Bought with: Gary Tolfa · Triqor Group · MLS #PW25262411 · Source: CRMLS
2221 E Lenita Lane sold for $5,200,000 in August 2026, 3.7% under its $5,400,000 list price, after 112 days on the market. It was first listed at $5,775,000. Across 190 closed sales in 92705 over the last 12 months, the median sold price is $1,625,000 and the median is $689 per square foot.
| Quarter | Closed sales in 92705 | Median sold price |
|---|---|---|
| Q1 2026 | 15 | $1,290,000 |
| Q2 2026 | 77 | $1,750,000 |
| Q3 2026 | 82 | $1,585,000 |
| Q4 2026 | 16 | $1,680,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Ana · Homes for sale in 92705
IMPORTANT TO NOTE: 11 OF THE 1-BEDROOMS ARE LARGE 729 SQFT. UNITS WITH DENS. THE DENS ARE UTILIZED AS A SECOND BEDROOM AND RENTS ARE CLOSER TO A 2-BEDROOM RENTAL LEVEL! We are pleased to present Casa Los Amigos, a 22-Unit condo community, currently being operated as apartments, in the city of Santa Ana, CA. The property features a mix of spacious 1 and 2-bedroom units, equipped with laminate wood flooring, balconies/patios, stainless steel sinks, gas wall heaters, wall a/c, and ceiling fans. The property amenities include controlled access, gated and covered parking (19 covered, 8 open), lush landscaping, and a shared laundry facility. The asset has been well maintained and professionally managed throughout ownership. Years prior, ownership converted and permitted the units into individually parceled condos, providing a buyer with the opportunity to sell the units individually. Casa Los Amigos currently generates a 6.7% cap rate on existing income, with a proforma cap rate of 8.7%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 92705, nearest first, last 12 months. All recent sales in Santa Ana →