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1423 Lingan Ln
Santa Ana, CA 92704
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Garden-Style Two-Story Walkup Construction, Located in a Strong City of Santa Ana Rental Location, With Excellent Curb Appeal and RUBS Implemented
  • Exterior Renovation: New 2024 Copper Plumbing Re-pipe for $25,000, Most New Double Pane Vinyl Windows, New Exterior Paint & Landscaping
  • Strong Santa Ana Rental Location at Bristol & McFadden Next to South Coast Plaza, MainPlace Mall, The Santa Ana Zoo, and Centennial Park
  • Interior Renovations: 6 of 8 - 1 Bed / 1 Bath Remodeled w/ Approx. $22,000 Cost Each; Includes New Cabinets, Counters, Flooring, Bath & Vanities
  • Gated Pedestrian Access, Pitched Composition Roofs, 8 Covered Carports w/ Additional Street Parking, Separate Electric, On-Site Laundry Room
  • Centrally Located Between the I-405 and I-5 Freeway, Surrounded by a Varity of Shopping Centers and Entertainment Options

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 4,584 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1959/2023
Parking Ratio 1.75/1,000 SF
Zoning R3 - Multifamily

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Cable Ready
  • Disposal
  • Heating
  • Ceiling Fans
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Vinyl Flooring
  • Quartz Countertops

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Gated
  • Gas Range

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $1,664 573

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
109-072-03
Land Assessment
$1,591,812
Improvements Assessment
$191,017
Total Assessment
$1,782,829
  • Listing ID: 35291703

  • Date on Market: 3/28/2025

  • Last Updated:

  • Address: 1423 Lingan Ln, Santa Ana, CA 92704

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