• 1409 W Lingan Lane Santa Ana, CA 92704

  • $3,150,000
  • 0
    Bed(s)
  • 0
    Baths
  • 8,543
    Sq Ft
  • 10890
    Sqft
  • Listed By: Tyler Leeson, Marcus & Millichap RE Invest, DRE #01451551
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Orange

Style :

Residential Income

Sell a home like this and save $188,501 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1959

Building Area Total: 8,543

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.25

Lot Size Source: Assessor

Lot Size Square Feet: 10890

Listing Price Information

Original List Price: 3,150,000

Listing Contract Date: 2024-02-07

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 10907205

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

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

Nearby Home Value

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

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

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.

Selling? Save $188,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion