REALATRENDS REAL ESTATE SERVICES, INC 949·494·8830
REALATRENDS

For Sale|QuadruplexActive

1221 N Lacy Street, Santa Ana, CA 92701

  • 3,715 sq ft
  • Built 1948

MLS# OC26224237 · Listed Oct 15, 2026 · 1 Day On Site

The home

About 1221 N Lacy Street

Presenting 1221-1227 N Lacy Street, a value-add four-unit multifamily property in Santa Ana’s historic French Park neighborhood. Offered for the first time in more than 20 years, the property gives an investor a rare chance to acquire a well-located asset close to Downtown Santa Ana.

The property consists of four two-bedroom, one-bath units, each with a garage space, open parking, and access to an on-site laundry facility. The interiors are largely original. This creates a value-add opportunity for an investor who plans to renovate units as they turn over. The property also offers a potential ADU opportunity. Buyer must verify with the City of Santa Ana.

The property is approximately 0.9 miles from Downtown Santa Ana and its restaurants, entertainment, and employment base. It is also approximately 0.3 miles from the planned Santa Ana Blvd and Lacy St station on the OC Streetcar line. Residents have convenient access to the I-5 freeway and the Santa Ana Regional Transportation Center.

Property details for 1221 N Lacy Street

This fourplex sits in Santa Ana in Orange County. It offers 3,715 square feet of living space and is listed at $1,200,000, about $323 per square foot. The home was built in 1948. The MLS record lists the assessor parcel number as 398-033-01. Highlights include a four-car garage. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$1,200,000
Days On Site
1 Day
Bedrooms
N/A
Inside Area (SqFt)
3,715 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1948
MLS® Number
OC26224237
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

General Features

Property Type
Quadruplex
MLS Number
OC26224237
Year Built
1948
Lot Size (sq ft)
6,800
Lot Size (acres)
0.1561
Garage Spaces
4
Parking Spaces
8
Parcel Number
39803301
On Market Date
2026-10-15
Listing Terms
Standard

Interior Features

Heating
Wall Furnace
Cooling
None
Fireplace
None
Laundry
Common Area
Entry Level
1
Common Walls
Two Common Walls Or More

Exterior Features

Lot Features
Two To Five Units Acre
Parking
Assigned
Pool Features
None
Sewer
Public Sewer
Water
Public
Units
4

Community Features

Community Features
Curbs, Gutters, Storm Drains, Street Lights, Sidewalks

The record

Property History for 1221 N Lacy Street

DateEventPriceNote
Oct 15, 2026 Listed for sale $1,200,000

No prior MLS sales on record for this home since 2012.

Added by Realatrends Real Estate

Flood, Fire and Earthquake Zones for 1221 N Lacy Street

We looked up this home's map point in public government maps. These facts are not part of the MLS listing.

Hazard zones

Flood zone

Zone X, area of minimal flood hazard. Outside FEMA's Special Flood Hazard Area.

FEMA National Flood Hazard Layer, FIRM panel 06059C0163J effective December 3, 2009. Checked October 15, 2026.

Fire hazard severity zone

Not in a fire hazard severity zone on the State Fire Marshal's map.

CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.

Earthquake fault zone

Outside the Alquist-Priolo Earthquake Fault Zones.

California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.

Liquefaction zone

Outside the liquefaction zones.

California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.

Landslide zone

Outside the earthquake-induced landslide zones.

California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.

Internet and charging

Fixed internet

Fiber: Spectrum, up to 1,000 Mbps, at 1 of 7 residential locations in this census block. Cable: Spectrum, up to 1,000 Mbps, at 6 of 7. DSL: AT&T, up to 100 Mbps, at 6 of 7.

FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590744052004, not for this address. Not endorsed by the FCC. Checked October 15, 2026.

EV charging

Nearest public charger 0.4 miles away (ChargePoint, 2 Level 2 ports). 554 public charging ports within 3 miles.

U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.

These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).

Official maps

Cost of ownership

Estimated monthly payment

7.40% · 30-yr fixed
$
$9,418/mo
10% down · 30-year fixed · $120,000 down
Principal & interest$7,478
Mortgage insurance (est., over 80% LTV)$450
Property tax (est. county typical)$1,140
Home insurance (rough est., varies widely)$350
HOANot reported, not included
$8,137/mo
20% down · 30-year fixed · $240,000 down
Principal & interest$6,647
Property tax (est. county typical)$1,140
Home insurance (rough est., varies widely)$350
HOANot reported, not included
$7,306/mo
30% down · 30-year fixed · $360,000 down
Principal & interest$5,816
Property tax (est. county typical)$1,140
Home insurance (rough est., varies widely)$350
HOANot reported, not included
Estimated carrying cost
$1,490/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$1,140
Home insurance (rough est., varies widely)$350
HOANot reported, not included

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.40% (week of Oct 15, 2026); your rate will differ. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 1221 N Lacy Street

Want to see 1221 N Lacy Street in person? We have guided buyers through the Santa Ana market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 1221 N Lacy Street

Thinking of selling nearby? We bring current Santa Ana sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

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Listed by Justin Butler of Kirklen Investment Group

Listing information updated Oct 15, 2026 at 3:23 PM PT. Source: CRMLS.

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