921 N Lacy Street, Santa Ana, CA 92701

$1,995,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,995,000
Status
ACTIVE
MLS#
PW25101861
Year Built
1932
Lot Size
7,405
Acres
0.17
Lot Location
0-1 Unit/Acre
Days on Market
440
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

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.

Additional Information

Exterior Construction
Stucco
Water
Public
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$146,016
Operating Expense
41677

Listing courtesy of Listing Agent: Albert Ricci (AlRicci@RicciRealty.com) from Listing Office: Ricci Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.