$1,889,500
FOR SALEActive921 N Lacy Street
Santa Ana CA 92701
5,452
SF
Multi-Family
Type
1932
Built
$347/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Great Value Add opportunity in the French Park neighborhood in Santa Ana. 8 units, all 1 bed 1 bath. Profitable laundry room. May qualify for the Mills Act property tax act, check with the city. POTENTIAL MARKET RENTS ARE $191, 520/ YEAR - 8 UNITS AT $1,995 Actual rents are $130, 056 Part of a portfolio of 4 contiguous properties. Offer subject to all beneficiaries approval.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.17 acres
Lot Size
8
Total Units
5,452 SF
Square Footage
$346.57/SF
Price per SF
5.30%
Cap Rate
$104K
NOI
1,932
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
5.3% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
5.30%
Cap Rate
$104,339
NOI
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Sold $600,000SOLD1,500 SF•Retail327 W 17thSold Sep 2026The Dole Group | DRE #01932778Buyer's agent: PWRNONMEMBER PWRNONMEMBER, PWNONMEMBER | DRE #05555555
Sold $1,075,000SOLD3,920 SF•Retail1717 S Main StreetSold Aug 2026Realty World Allensworth | DRE #01150962Buyer's agent: Juan Cevallos, REMAX Professionals | DRE #00787807
Sold $635,000SOLD1,836 SF•Retail1429 W 5thSold Jun 2026RE/MAX 2000 | DRE #01474295Buyer's agent: Carlos Skubacz, RE/MAX 2000 | DRE #01474295
Closed commercial sales reported, newest first.
CRMLS
MLS# PW25101861
Listed:
Nalren refreshed:
Last updated
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Listed by: Ricci Realty
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.