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925 N Lacy Street

Santa Ana, CA 92701
  • $1,645,000
  • STATUS: Active
  • ON SITE: 518 Days
  • MLS #: PW25101989
UPDATED: 23 min ago
$1,645,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
70 - Santa Ana North of First
Type:
Commercial
Built:
1930
County:
Orange
Area:
70 - Santa Ana North of First

School Ratings & Info

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


Description

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 @ $1995Actual rents are $134,472 long term tenants

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-14T20:34:14.41. 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/163775886
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925 N Lacy Street Santa Ana, CA 92701

  • Price: $1,645,000
  • Status: Active
  • On Site: 518 Days
  • Updated: 23 min ago
  • MLS #: PW25101989
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1930
Built
Neighborhood:
70 - Santa Ana North of First
County:
Orange
Area:
70 - Santa Ana North of First
Property Description
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 @ $1995Actual rents are $134,472 long term tenants
Exterior Features

Construction Materials Stucco Entry Level 2 Lot Features 0-1 Unit/AcreRectangular Lot Roof Spanish Tile Sign On Property YN No

Interior Features

Cooling None Cooling YN No

Property Features

Additional Parcels YN No Business Type Multi-Tenant Cap Rate 4.2 Common Interest Community Apartment Current Financing None Electric Standard Electric Expense 1920 Exclusions All tenants person property Gross Scheduled Income 134472 Insurance Expense 5400 Land Lease YN No Laundry Features Common AreaIn GarageLaundry RoomOutside Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 82328 Number Of Units Leased 8 Operating Expense 48110 Property Sub Type Multi Family Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Special Listing Conditions StandardTrust Trash Expense 5400 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance 4034 Vacancy Allowance Rate 3 Water Sewer Expense 1200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-14T20:34:14.41. 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.
 
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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)