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$1,840,000
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Property Description
We are pleased to present the Lingan Lane Apartments located at 1423 Lingan Lane in a solid Santa Ana rental location. This garden-style two-story walkup is in great condition thanks to quality management and a strong pride of ownership. Six of the eight 1 bed / 1 bath units have been renovated at a cost of about $22,000 each unit. The building has gated pedestrian access, pitched composition roofs, covered carports parking, and on-site laundry. The units have garbage disposals, mostly new double-pane vinyl windows, and are separately metered for electricity. The buildings plumbing has been re-piped with copper plumbing at a cost of about $25,000, new exterior paint, and new landscaping that was installed in 2025. Ownership has also implemented a RUBS program to keep utility costs down.
The strong City of Santa Ana location at Bristol & McFadden offers an investor the ability to attract quality residents seeking a well-located residence with convenient access to a wide variety of activities and retail amenities. Nearby are Main Place Mall, The Santa Ana Zoo, South Coast Plaza, Orange County Great Park, Irvine Regional Park, Centennial Park, and Riverview Golf Course. The overall demand for well-located apartments like this will be a key driver in the continued growth for the Lingan Lane Apartments in Santa Ana, California.
Full Property Details
Full Property Details for 1423 W Lingan Ln
General
- Sold For: $1,840,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25067410
- Added to Site: 296 day(s) ago
Interior
- Rooms/Areas: Entry, Family Room, Kitchen
- Appliances: Disposal, Gas Oven, Gas Range, Gas Cooktop
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Lighting
Parking
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: 69 - Santa Ana South of First
- County: Orange
- Development Name: 69 - Santa Ana South of First
- Driving Directions: 55 N, Edinger W, Bristol N, Wilshire W, Pacific N
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 9
Structural Information
- Foundation: Slab
- Roof: Composition, Shingle
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,584
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.17
- Lot Size Source: Assessor
- Lot Description: 6-10 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $401.4
- Price Per Unit: 236875
Listed by Mark Bridge, Broker, Mark Bridge
Sold by Guoli Dong, Broker, Julie Dong
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Schools
Schools serving 1423 W Lingan Ln
School District:Santa Ana Unified School District
| Name | Grades | Distance |
|---|---|---|
Martin Luther King Jr. Elementary School, Santa Ana, CA 1001 Graham Lane, Santa Ana, CA 92703 | K-5 | 0.1 mi |
Gerald P. Carr Intermediate School 2120 West Edinger Avenue, Santa Ana, CA 92704 | 6-8 | 0.7 mi |
Valley High School 1801 South Greenville Street, Santa Ana, CA 92704 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1423 W Lingan Ln
Date
Details
Price
Change
Source
9/23/2025
Sold
$1,840,000
-2.9%
MLS
5/29/2025
Price Reduced
$1,895,000
-2.82%
MLS
5/02/2025
Price Reduced
$1,950,000
-4.88%
MLS
3/28/2025
Listed
$2,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1423 W Lingan Lane, Santa Ana, CA 92704 (MLS# OC25067410) is a Multi-Family property that was sold at $1,840,000 on September 23, 2025. Want to learn more about 1423 W Lingan Lane? Do you have questions about finding other Multi-Family real estate for sale in Santa Ana? You can browse all Santa Ana real estate or contact a Coldwell Banker agent to request more information.

