Thank you
Tyler Leeson
Marcus & Millichap RE Invest
949-419-3200
1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Situated on a 0.25-acre lot, 1409 West Lingan Lane consists of one and two-bedroom units and includes amenities such as gated pedestrian access, a central courtyard, garage parking, and an on-site laundry facility. There is potential for new ownership to further increase cash flow through the conversion of the current laundry facility into an accessory dwelling unit (ADU). 1409 West Lingan Lane is within walking distance of the Bristol Swap Mall, offering nearly 60,000 square feet of retail space and over 50 stores, providing residents with convenient access to a variety of retail, dining, and entertainment options. Additionally, the property is located just over 1 mile from Downtown Santa Ana and the bustling 4th Street Market, which grants residents easy access to the City’s civic center as well as a trendy, local culinary hub.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1959
Building Area Total: 8,543
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.25
Lot Size Source: Assessor
Lot Size Square Feet: 10890
Original List Price: 3,150,000
Listing Contract Date: 2024-02-07
Listing Agreement: Exclusive Right To Sell
Parcel Number: 10907205
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: 699 - Not Defined
Postal Code Plus 4: 3454
Directions: Cross streets of W Lingan Ln & S Pacific Ave
Source Property Type: Residential Income
Area: 699 - Not Defined
Property SubType: Apartment
Property Age: 65
Common Walls: No Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: First level
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3322 W Camille Street, Santa Ana, CA,92704 | $1,700,000 | -- | -- | 2,788 | 15246 Sqft |
3317 W Camille Street, Santa Ana, CA,92704 | $1,525,000 | -- | -- | 4,200 | 14200 Sqft |
2521 W California Street, Santa Ana, CA,92704 | $949,999 | 4 | 3 | 1,318 | 5220 Sqft |
2501 W Sunflower Avenue.., Santa Ana, CA,92704 | $590,000 | 3 | 2 | 1,182 | -- |
2809 S Fairview Street #C, Santa Ana, CA,92704 | $499,900 | 2 | 1 | 809 | -- |
12300 Lilac Avenue #734, Santa Ana, CA,92704 | $176,900 | 2 | 2 | 1,440 | -- |
160 S Fairview, Santa Ana, CA,92704 | $670,000 | 3 | 2 | 1,353 | 1000 Sqft |
2502 W Pomona Street, Santa Ana, CA,92704 | $980,000 | 3 | 2 | 1,370 | 5162 Sqft |
1141 S Poplar Street, Santa Ana, CA,92704 | $2,069,000 | -- | -- | 4,520 | 6970 Sqft |
2502 W Pomona Street, Santa Ana, CA,92704 | $980,000 | 3 | 2 | 1,370 | 5162 Sqft |
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ByOwner last updated this listing 05/16/2024 @ 13:28
MLS: OC24027408
LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.