Santa Ana, CA 92701 833 N Lacy Street

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Presented By: Albert Ricci with Ricci Realty; 714-231-6058
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25101465
  • 05/07/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 5,880

Home Details

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.
Presented By: Albert Ricci with Ricci Realty; 714-231-6058

Interior Features for 833 N Lacy Street

Other Interior Features

LivingAreaSourcePublicRecords
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 833 N Lacy Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeCommercial, MultiTenant
Cap Rate5.0
Carport Y/NNo
CitySanta Ana
Construction MaterialsStucco
CoolingWallWindowUnits
CountyOrange
Current UseMultiFamily
DirectionsFrom Santa Ana Fwy (5), Take off ramp 105A onto Penn Way, Right onto E Washington Ave, Left on N Lacy St
ElectricStandard
Electric Expense660.0
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet9148.0
Lot Size UnitsSquareFeet
MLS Area70 - Santa Ana North of First
MobileHomeRemainsYNNo
Net Operating Income87931.0
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Occupancy TypeTenant
Operating Expense41933.0
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Trash Expense3948.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense3600.0
Year Built1946
Year Built SourceAssessor

Exterior for 833 N Lacy Street

Building Area Total5880.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.21
Lot Size Area9148.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,995,000
MLS#PW25101465
List Date 05/07/2025
Property Type Commercial
Phone 714.742.6515
Request Tour
Request Info
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