833 N Lacy Street, Santa Ana, CA 92701
- $1,995,000
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- PW25101465
- Year Built
- 1946
- Lot Size
- 9,148
- Acres
- 0.21
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 446
- Property Type
- Commercial
- Property Sub Type
- Multi Family
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. Potential rents are $191,520 ($1,995 x8) Actual rents are $139,392
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Additional Information
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Exterior Construction
- Stucco
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 43
- Gross Scheduled Income
- $139,392
- Operating Expense
- 47747
Listing courtesy of Listing Agent: Albert Ricci (AlRicci@RicciRealty.com) from Listing Office: Ricci Realty.
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