833 N Lacy ST, Santa Ana, CA 92701
833 N Lacy ST, Santa Ana, CA 92701
833 N Lacy ST, Santa Ana, CA 92701
833 N Lacy ST, Santa Ana, CA 92701
833 N Lacy ST, Santa Ana, CA 92701
833 N Lacy ST, Santa Ana, CA 92701
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,995,000
Est. payment | /mo

9,147 Sqft Lot

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$ 1,995,000
Est. payment | /mo
Save Virtual Tour

9,147 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25101465

HOA Y/N No

Year Built 1946

Lot Size 9,147 Sqft

Lot Dimensions Assessor

Property Sub-Type Multi Family

Property 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.
Potential rents are $191,520 ($1,995 x8)
Actual rents are $139,392

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Present Use Multi-Family

Building

Lot Description 0-1 Unit/Acre

Story 2

Water Public

Others

Tax ID 39804201

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard, Trust

Virtual Tour https://www.wellcomemat.com/mls/55h067c519891lu7b

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Albert Ricci Ricci Realty 714-231-6058, DRE #01011606

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.