Log In/Sign Up
Your email has been sent.
925 N Lacy St 8 Unit Apartment Building $1,495,000 ($186,875/Unit) 4.08% Cap Rate Santa Ana, CA 92701
INVESTMENT HIGHLIGHTS
- French Park
EXECUTIVE SUMMARY
Great Value Add Opportunity in French Park
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$96,420
|
$17.56
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,420
|
$17.56
|
| Taxes |
$16,000
|
$2.91
|
| Operating Expenses |
$19,488
|
$3.55
|
| Total Expenses |
$35,488
|
$6.46
|
| Net Operating Income |
$60,932
|
$11.10
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $96,420 |
| Annual Per SF | $17.56 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,420 |
| Annual Per SF | $17.56 |
| Taxes | |
|---|---|
| Annual | $16,000 |
| Annual Per SF | $2.91 |
| Operating Expenses | |
|---|---|
| Annual | $19,488 |
| Annual Per SF | $3.55 |
| Total Expenses | |
|---|---|
| Annual | $35,488 |
| Annual Per SF | $6.46 |
| Net Operating Income | |
|---|---|
| Annual | $60,932 |
| Annual Per SF | $11.10 |
PROPERTY FACTS
| Price | $1,495,000 | Building Class | C |
| Price Per Unit | $186,875 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 5,490 SF |
| Cap Rate | 4.08% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.5 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1930 |
| Property Type | Multifamily | Parking Ratio | 1.03/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise |
| Price | $1,495,000 |
| Price Per Unit | $186,875 |
| Sale Type | Investment |
| Cap Rate | 4.08% |
| Gross Rent Multiplier | 15.5 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,490 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 1.03/1,000 SF |
| Opportunity Zone |
Yes |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Ceiling Fans
- Kitchen
- Window Coverings
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 600 |
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 398-032-02 | Total Assessment | $2,500,000 (2025) |
| Land Assessment | $2,258,207 (2025) | Annual Taxes | $16,000 ($2.91/SF) |
| Improvements Assessment | $241,793 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
398-032-02
Land Assessment
$2,258,207 (2025)
Improvements Assessment
$241,793 (2025)
Total Assessment
$2,500,000 (2025)
Annual Taxes
$16,000 ($2.91/SF)
Tax Year
2024
1 of 26
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
925 N Lacy St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.