Skip To Content

833 N Lacy Street

Santa Ana, CA 92701
  • $1,995,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: PW25101465
UPDATED: 67 min ago
$1,995,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Albert Ricci of Ricci Realty (714-633-3600) and Aj Ricci of ()


Description

Great Value-Add opportunity in the renowned French Park neighborhood in Santa Ana. Located 1 block away from East Civic Center Drive. Be right in the action of the redevelopment going on in Downtown Santa Ana. This is a pair of fourplexes, one facing 506 Vance St and one facing 833 N Lacy. Both have a similar layout: eight one-bedroom floorplans with an eat-in kitchen, living room, and full bathroom. There are four ground-level units and four units on the second level, all with individual access. A third building houses the community/coin-op washer and dryer; the washer/dryer units are leased. Seven one-car garage spaces are available for tenant use; three face the alley towards the North East, and four face Vance St on the North West Side. The units' flooring is a combination of laminate tile and vinyl flooring, and countertops are tile. All tenants are on a month-to-month tenancy.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-18T00:28:01.663. 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 or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/163461949
Print Image

833 N Lacy Street Santa Ana, CA 92701

  • Price: $1,995,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 67 min ago
  • MLS #: PW25101465
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1946
Built
Neighborhood:
70 - Santa Ana North of First
County:
Orange
Area:
70 - Santa Ana North of First
Property Description
Great Value-Add opportunity in the renowned French Park neighborhood in Santa Ana. Located 1 block away from East Civic Center Drive. Be right in the action of the redevelopment going on in Downtown Santa Ana. This is a pair of fourplexes, one facing 506 Vance St and one facing 833 N Lacy. Both have a similar layout: eight one-bedroom floorplans with an eat-in kitchen, living room, and full bathroom. There are four ground-level units and four units on the second level, all with individual access. A third building houses the community/coin-op washer and dryer; the washer/dryer units are leased. Seven one-car garage spaces are available for tenant use; three face the alley towards the North East, and four face Vance St on the North West Side. The units' flooring is a combination of laminate tile and vinyl flooring, and countertops are tile. All tenants are on a month-to-month tenancy.
Exterior Features

Construction Materials Stucco Entry Level 1 Lot Features 0-1 Unit/Acre Sign On Property YN No

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes

Property Features

Additional Parcels YN No Business Type CommercialMulti-Tenant Cap Rate 5 Common Interest Community Apartment Electric Standard Electric Expense 660 Gross Scheduled Income 128460 Insurance Expense 5000 Land Lease YN No Laundry Features Common Area Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 87931 Number Of Units Leased 8 Operating Expense 41933 Property Sub Type Multi Family Special Listing Conditions StandardTrust Trash Expense 3948 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 3 Water Sewer Expense 3600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-18T00:28:01.663. 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 or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374368919-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374368919-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374368919-2.jpg
Logo
Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Albert Ricci of Ricci Realty (714-633-3600) and Aj Ricci of ()