8
See all 8 photos
$1,200,000
Est. payment /mo
2 Beds
1 Bath
6,800 Sqft Lot
New
1221 N Lacy Street Santa Ana, CA 92701
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26224237
Bedrooms 2
Lot Size 6,800 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting 1221-1227 N Lacy Street, a value-add four-unit multifamily property in Santa Anas 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.
Location
State CA
County Orange
Zoning Assessor
Direction Corner of Washington and Lacy
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 39803301
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Justin Butler, DRE#02092220 Kirklen Investment Group
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