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$1,889,500 -$105,500 (-5.29%) Price Reduced
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Property Description
Great Value Add opportunity in the French Park neighborhood in Santa Ana. 8 units, all 1 bed 1 bath. Profitable laundry room. May qualify for the Mills Act property tax act, check with the city.
POTENTIAL MARKET RENTS ARE $191, 520/ YEAR - 8 UNITS AT $1,995
Actual rents are $130, 056
Part of a portfolio of 4 contiguous properties.
Offer subject to all beneficiaries approval.
Full Property Details
Full Property Details for 921 N Lacy St
General
- Price: $1,889,500
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: PW25101861
- Updated: 9/23/2026
- Days on Market: 499 days
- Added to Site: 499 day(s) ago
Business
- Business Type: Multi-Tenant
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room, In Garage, Outside, Common Area
Location
- County: Orange
- Driving Directions: From I-5 S Take exit 105A Penn way then take washington ave to Wellington ave, Left onto Lacy
Utilities
- Utility Description: Water Available, Sewer Available, Sewer Connected, Electricity Available, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Construction: Stucco
- Entry Floor Number: 2
- Stories/Levels: 2
- Building Size: 5452
- Square Feet: 5,452
- Current Bldg. Use: Multi-Family
- Year Built: 1932
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.17
- Useable Acres: .17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $346
- Expenses: $41,677
- Operating Expenses: $41,677
Disclosures and Reports
- Exclusions: All tenants personal property.
- Investment: Yes
- Property ID: 39803203
Listed by Ricci Realty, AlbertRicci
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Schools
Schools serving 921 N Lacy St
School District:Santa Ana Unified School District
| Name | Grades | Distance |
|---|---|---|
Garfield Elementary School, Santa Ana, CA 850 Brown Street, Santa Ana, CA 92701 | K-5 | 0.4 mi |
Sierra Preparatory Academy 2021 North Grand Avenue, Santa Ana, CA 92705 | 6-8 | 0.9 mi |
Century High School 1401 South Grand Avenue, Santa Ana, CA 92705 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 921 N Lacy St
Date
Details
Price
Change
Source
9/23/2026
Price Reduced
$1,889,500
-5.29%
MLS
5/13/2025
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 921 N Lacy St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,026
—
$1,897,200
2%
2025
$23,026
210%
$1,860,000
290%
2024
$7,432
3%
$476,516
2%
2023
$7,231
2%
$467,173
2%
2022
$7,123
2%
$458,013
2%
2021
$6,974
—
$449,033
1%
2020
$6,967
2%
$444,429
2%
2019
$6,861
3%
$435,715
2%
2018
$6,640
1%
$427,172
2%
2017
$6,577
2%
$418,797
2%
2016
$6,459
1%
$410,586
2%
2015
$6,372
2%
$404,419
2%
2014
$6,258
2%
$396,497
—
2013
$6,143
—
$394,706
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 921 N Lacy St
921 N Lacy Street, Santa Ana, CA 92701 (MLS# PW25101861) is a Commercial Multi-Family property. 921 N Lacy Street is currently listed for $1,889,500 and was received on May 13, 2025. Want to learn more about 921 N Lacy Street? Do you have questions about finding other Commercial 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.

