$1,645,000
FOR SALEActive925 N Lacy Street
Santa Ana CA 92701
5,490
SF
Multi-Family
Type
1930
Built
$300/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Great Value Add Opportunity in French Park in Santa Ana. 8 Units, all are 1 bedroom 1 bath. Property may qualify for the Mills Act property tax act, check with city. Gross potential rents are $191,520 8 units @ $1995 Actual rents are $134,472 long term tenants
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.17 acres
Lot Size
8
Total Units
5,490 SF
Square Footage
$299.64/SF
Price per SF
4.20%
Cap Rate
$82K
NOI
1,930
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
4.2% Cap Rate
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
4.20%
Cap Rate
$82,328
NOI
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Closed commercial sales reported, newest first.