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833 N Lacy Street Santa Ana, CA $ 1,995,000
833 N Lacy Street
$ 1,995,000
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833 N Lacy Street

Santa Ana, CA, 92701
$ 1,995,000
Bedrooms-- Baths1.0 Sq 5,880

Monthly Estimate*

$ 12,446

Listed by Ricci Realty
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Commercial Property for sale in Santa Ana, CA

for $1,995,000 with 1 full bath. This 5,880 square foot building was built in 1946 on a lot size of 0.21.

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 $131,652

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Commercial Active

Price

$ 1,995,000

Full Bath

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1946

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

PW25101465

Days on Market

229

Features
General
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Construction Materials Stucco
Exclusions All tenants personal property
Year Built 1946
Electric Standard
Property Subtype Multi Family
Current Use Multi-Family
Business Type Commercial Multi-Tenant
County Orange
Net Operating Income 89719
Operating Expense 41933
Insurance Expense 5000
Property Type Commercial Sale
Special Listing Conditions Standard Trust
Status Active
Directions From Santa Ana Fwy (5) Take off ramp 105A onto Penn Way Right onto E Washington Ave Left on N Lacy St
City Santa Ana
Number Of Units Total 43
MLS Area 70 - Santa Ana North of First
Lot Size Units Square Feet
Lot Size Square Feet 9148
Number of Units Leased 8
Listing Terms Cash Cash to New Loan
Land Lease Y/N 0
Electric Expense 660
Trash Expense 3948
Water Sewer Expense 3600
Additional Parcels Y/N 0
Lease Considered Y/N 0
Virtual Tour https://www.wellcomemat.com/mls/55h067c519891lu7b https://www.wellcomemat.com/video/55h067c519891lu7b/PW24241350/
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Multi Family
Cap Rate 5
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Interior
Total Stories 2
Air Conditioning Y/N 1
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 9148
Number of Buildings 2
Building Area Total 5880
Lot Size Acres 0.21
Lot Size Source Assessor
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* Excluded Features
List By
Ricci Realty

Broker

AlRicci@RicciRealty.com

Email

Affordability Calculator

$12,446
Per Month
100%
0%
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Monthly Principal & Interest
$12,446
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,995,000 Listed Price

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833 N Lacy Street, Santa Ana, CA, 92701 is a Commercial Property for sale at $1,995,000 with 5,880 sqft and a lot size of 0.21. 833 N Lacy Street has 1.0 baths and was built in 1946. The property's zip code is 92701 which is in Santa Ana, CA