1221 N Lacy Street
Santa Ana, CA 92701
Listing broker / agent: Kirklen Investment Group · Justin Butler · 949-202-7255 · CRMLS
MLS # OC26224237 · Last checked Oct 22, 2026 02:14 UTC
About this property
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.
Property details
- MLS number
- OC26224237
- Status
- Active Under Contract (Backup)
- Type
- Residential Income
- Subtype
- Quadruplex
- Lot size
- 0.1561 acres
- County
- Orange
- Year built
- 1948
More property detailsCollapse
Listing
- Days on market
- 6
Building
- Year built
- 1948
- Year built source
- Assessor
- Building stories
- 2
- Entry level
- 1
Rooms & interior
- Heating
- Wall Furnace
- Cooling
- None
- Fireplace
- None
- Laundry
- Common Area
Exterior & parking
- Total parking spaces
- 8
- Garage spaces
- 4
- Parking
- Assigned
- Pool
- None
- Lot features
- Two To Five Units Acre
- Lot size source
- Assessor
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Curbs, Gutters, Storm Drains, Street Lights, Sidewalks
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Wallace R. Davis Elementary Santa Ana Unified · Santa Ana | K–6 | 0.1 mi |
| OCSA (school website, opens in a new tab) Orange County Department of Education · Santa Ana | 7–12 | 0.3 mi |
| Orange County Educational Arts Academy (school website, opens in a new tab) Santa Ana Unified · Santa Ana | K–8 | 0.4 mi |
| El Sol Santa Ana Science and Arts Academy (school website, opens in a new tab) Santa Ana Unified · Santa Ana | K–8 | 0.4 mi |
| Garfield Elementary Santa Ana Unified · Santa Ana | K–5 | 0.5 mi |
| Willard Intermediate Santa Ana Unified · Santa Ana | 6–8 | 0.6 mi |
| Advanced Learning Academy (school website, opens in a new tab) Santa Ana Unified · Santa Ana | K–12 | 0.7 mi |
| Edward B. Cole Academy (school website, opens in a new tab) Santa Ana Unified · Santa Ana | K–5 | 0.7 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,200,000
- MLS-reported original asking price
- $1,200,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 15, 2026 22:14 | $1,200,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Santa Ana
Active residential homes for sale in Santa Ana, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
38 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 03:48 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗