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2221 E Lenita Lane, Santa Ana, CA 92705

Property

2221 E Lenita Lane, Santa Ana, CA 92705 Sold August 2026 CRMLS
$5,200,000Sold August 2026

Listing Agent: Gary Tolfa (DRE #00955403) · Listing Office: Triqor Group · Contact: gary@triqorgroup.com · Bought with: Gary Tolfa · Triqor Group · MLS #PW25262411 · Source: CRMLS

28,692 sqft
Lot Size
1969
Year Built
Property
Type
1
Stories
0
Garage
ForcedAir
Heating

How this sale compares

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.

$689
92705 median per sq ft (12 mo)
$1,625,000
92705 median sold price (12 mo)
190
Closed sales in 92705 (12 mo)
112
Days on market
−3.7%
Sold vs. list price
QuarterClosed sales in 92705Median sold price
Q1 202615$1,290,000
Q2 202677$1,750,000
Q3 202682$1,585,000
Q4 202616$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

Description

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.

Sale history

$5,200,000
Sold August 2026 · listed $5,400,000, orig. $5,775,000, on market November 2025, 112 days on market · MLS #PW25262411 · Source: CRMLS
Listing Agent: Gary Tolfa · Listing Office: Triqor Group · Contact: gary@triqorgroup.com · Bought with: Gary Tolfa · Triqor Group

Recent sales near 2221 E Lenita Lane

Closed sales reported in 92705, nearest first, last 12 months. All recent sales in Santa Ana →

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