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About This Home
This commercial property at 925 N Lacy Street in Santa Ana, CA contains 5,490 square feet and was built in 1930. It consists of eight units, each configured as one bedroom and one bathroom. Current actual rents total $112,272 annually from long-term tenants, while gross potential rents reach $191,520 based on eight units at $1,995 per month.
The building offers no cooling system. The property may qualify for the Mills Act property tax act, subject to city verification. This presents a value-add opportunity for investors seeking an established multi-unit asset in Santa Ana.
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 @ $1995
Actual rents are $112,272 long term tenants
Key Features
- Built in 1930
Property Details
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
925 N Lacy Street
Santa Ana, CA 92701
Property Details
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 925 N Lacy Street is listed at $1,995,000 ($363/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 1930.
This property is listed by Albert Ricci and can be reached at 7142316058 or AlRicci@RicciRealty.com.
