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1/23
$1,645,000 -$350,000 (-17.54%) Price Reduced
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1/23
Property Description
Great Value Add Opportunity in French Park in Santa Ana. 8 Units, all are 1 bedroom 1 bath. Property may qualify for the Mills Act property tax act, check with city.
Gross potential rents are $191,520 8 units @ $1995
Actual rents are $134,472 long term tenants
Full Property Details
Full Property Details for 925 N Lacy St
General
- Price: $1,645,000
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: PW25101989
- Updated: 9/26/2026
- Days on Market: 501 days
- Added to Site: 502 day(s) ago
Business
- Business Type: Multi-Tenant
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Individual Room, In Garage, Outside, Common Area
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- County: Orange
- Driving Directions: From I-5 S Take exit 105A Penn way then take washington ave to Wellington ave, Left onto Lacy
Heating & Cooling
- Cooling Type: None
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Construction: Stucco
- Roof: Spanish Tile
- Entry Floor Number: 2
- Stories/Levels: 2
- Building Size: 5490
- Square Feet: 5,490
- Current Bldg. Use: Multi-Family
- Year Built: 1930
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: Rectangular Lot, 0-1 Unit/Acre
- Lot Description: Rectangular Lot, 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $299
- Operating Expenses: $48,110
Disclosures and Reports
- Exclusions: All tenants person property
- Investment: Yes
- Property ID: 39803202
Listed by Ricci Realty, AlbertRicci
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Schools
Schools serving 925 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 925 N Lacy St
Date
Details
Price
Change
Source
9/26/2026
Price Reduced
$1,645,000
-17.54%
MLS
10/28/2025
Price Increased
$1,995,000
33.44%
MLS
5/13/2025
Listed
$1,495,000
—
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 925 N Lacy St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,190
—
$2,550,000
2%
2025
$30,190
833%
$2,500,000
2414%
2024
$3,235
3%
$99,440
2%
2023
$3,135
2%
$97,491
2%
2022
$3,063
2%
$95,580
2%
2021
$3,012
1%
$93,706
1%
2020
$2,993
1%
$92,746
2%
2019
$2,971
2%
$90,928
2%
2018
$2,906
1%
$89,146
2%
2017
$2,873
1%
$87,399
2%
2016
$2,831
2%
$85,686
2%
2015
$2,788
2%
$84,399
2%
2014
$2,734
2%
$82,746
—
2013
$2,675
—
$82,373
—
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 925 N Lacy St
925 N Lacy Street, Santa Ana, CA 92701 (MLS# PW25101989) is a Commercial Multi-Family property. 925 N Lacy Street is currently listed for $1,645,000 and was received on May 13, 2025. Want to learn more about 925 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.

