833 N Lacy Street

Santa Ana, CA 92701
$2,395,000
0.21 acres | #PW24241350
Courtesy of Ricci Realty

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. All tenants are on a month-to-month tenancy.

  • Property Details
      • Stories:2
      • Lot description:ZeroToOneUnitAcre
      • Acres:0.21
      • Parking spaces:7
      • Property type:Multi-Family
      • Year built:1946
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:NaturalGasConnected, SewerConnected
      • Subdivision:French Park
      • County:Orange
      • Original List Price:$2, 395, 000
      • MLS #:PW24241350
      • Cost:2395000
      • Property subtype:Apartment
      • MLS #:PW24241350

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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