717 N Lacy, Santa Ana, CA, CA 92701

$960,000

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List Price
$960,000
Status
PENDING
MLS#
OC26132747
County
Orange
Year Built
1986
Building Square Feet
3,600
Square Feet
3,920
Days on Market
13
Property Type
Multifamily
Style
Traditional
Stories
Two Levels
Virtual Tour 1
https://www.zillow.com/view-imx/59972b50-8c39-411d-8e5a-289033bcc1b5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Property Description

Welcome to 717 N. Lacy Street, a terrific value-add triplex opportunity, that sits just outside Historic French Park, in one of the most premium locations in all of Santa Ana. First time on the market since this property was constructed in 1986, we have on offer three units across two separate buildings that are connected by an upper walkway. The unit mix consists of one 3 bedroom/1.5 bath, one 2 bedroom/1.5 bath and one 2 bedroom/2bath. All units come with private, in-unit laundry and oversized 2 car garages. There is also a single garage space that is being rented out additionally per month as well as an unused storage room that presents opportunity for expansion. Build an ADU out of the storage room or even the garages to enhance the value of this property! Right next door to St. Joseph's Elementary School, walking distance to Downtown and the train station, there is shopping, restaurants, and 5 freeway access right at the front door of this location. Call us today more information, to make a tour and secure this property for yourself!

Additional Information

Parcel Number
39830202
Rent Control
Yes
Gross Scheduled Income
$74,110
Operating Expense
18672
Net Operating Income
$55,437
Number of Buildings
2
Lot Features
Irregular Lot, Zero Lot Line
Appliances
Gas Range, Water Heater
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Wall Furnace
Cooling
Yes
View
Neighborhood
Exterior Construction
Hardboard, HardiPlank Type, Shake Siding
Roof
Asphalt, Flat, Shingle
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Community Features
Gutter(s), Storm Drain(s), Street Lights, Sidewalks

Listing courtesy of Listing Agent: David Buster (meridianprop@gmail.com) from Listing Office: David Buster, Broker.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.