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

For Sale|Multi FamilyActive

921 N Lacy Street, Santa Ana, CA 92701

  • 5,452 sq ft
  • 7,405 sq ft lot
  • Built 1932
$1,889,500

MLS# PW25101861 · Listed May 13, 2025 · 510 Days On Site

The property

About 921 N Lacy Street

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.

Specifications

Property Details

At a glance

Price
$1,889,500
Days On Site
510 Days
Building Size (SqFt)
5,452 sqft
Lot Size
7,405 SqFt
Year Built
1932
MLS® Number
PW25101861
Status
Active

Property Details

Property Type
Multi Family
MLS Number
PW25101861
Building Size (sq ft)
5,452
Lot Size (sq ft)
7,405
Lot Size (acres)
0.17
Year Built
1932
Units
8
Buildings
1
Current Use
Multi Family
Occupancy
Owner
Utilities
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Parcel Number
39803203
On Market Date
2025-05-13

Financials

Net Operating Income
$104,339
Cap Rate
5.3%
Operating Expenses
$41,677

The record

Property History for 921 N Lacy Street

DateEventPriceNote
May 13, 2025 Listed for sale $1,889,500

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

Listed by Albert Ricci of Ricci Realty

Listing information updated Sep 23, 2026 at 5:18 PM PT. Source: CRMLS.

Call (949) 494-8830