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3,715 sqft

$1,200,000

1221 N Lacy Street, Santa Ana CA, 92701

Price per sqft$323.01
Built in1948
Property size3,715 sqft
Property typeMulti-family
Listed by Justin Butler CA DRE# 02092220 with Kirklen Investment Group 949-202-7255

Overview

Active

Listed Oct 15, 2026

Updated 13h ago

Presenting 1221-1227 N Lacy Street, a value-add four-unit multifamily property in Santa Ana’s historic French Park neighborhood. Offered for the first time in more than 20 years, the property gives an investor a rare chance to acquire a well-located asset close to Downtown Santa Ana. The property consists of four two-bedroom, one-bath units, each with a garage space, open parking, and access to an on-site laundry facility. The interiors are largely original. This creates a value-add opportunity for an investor who plans to renovate units as they turn over. The property also offers a potential ADU opportunity. Buyer must verify with the City of Santa Ana. The property is approximately 0.9 miles from Downtown Santa Ana and its restaurants, entertainment, and employment base. It is also approximately 0.3 miles from the planned Santa Ana Blvd and Lacy St station on the OC Streetcar line. Residents have convenient access to the I-5 freeway and the Santa Ana Regional Transportation Center.

$7,984/mo

Est. mortgage payment based on a $1,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
OC26224237

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Maintenance Expense
$3,200
Garage
Yes
55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Justin Butler CA DRE# 02092220 with Kirklen Investment Group 949-202-7255

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/15/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/15/2026 at 10:25 PM UTC Last Checked: 10:25 PM UTC

 

 

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