Active Under Contract

2221 E Lenita Lane

Santa Ana, CA 92705
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Bed 0

Bed

Bath 0

Bath

SqFt16,897

Sqft

SqFt28,692

Sqft(Lot)

IMPORTANT TO NOTE: 11 OF THE 1-BEDROOMS ARE LARGE 729 SQFT. UNITS WITH DENS. THE DENS ARE UTILIZED AS A SECOND BEDROOM AND RENTS ARE CLOSER TO A 2-BEDROOM RENTAL LEVEL! We are pleased to present Casa Los Amigos, a 22-Unit condo community, currently being operated as apartments, in the city of Santa Ana, CA. The property features a mix of spacious 1 and 2-bedroom units, equipped with laminate wood flooring, balconies/patios, stainless steel sinks, gas wall heaters, wall a/c, and ceiling fans. The property amenities include controlled access, gated and covered parking (19 covered, 8 open), lush landscaping, and a shared laundry facility. The asset has been well maintained and professionally managed throughout ownership. Years prior, ownership converted and permitted the units into indi vidually parceled condos, providing a buyer with the opportunity to sell the units individually. Casa Los Amigos currently generates a 6.7% cap rate on existing income, with a proforma cap rate of 8.7%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $5,400,000

AD Id : 77885331

MLS Id : PW25262411

Lot Size : 28,692 Sqft

Living Area Size : 16,897

Year Built : 1969

County : Orange

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1969
    Building Area Total: 16897
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 28692 Lot Size Acres: 0.6587 Lot Size Source: Assessor Lot Size Square Feet: 28,692 Lot Description: Irregular Lot

    Property Information

    Subdivision: Other Source Property Type: Residential Income Property SubType: Apartment Levels: One Property Age: 57

  • Listing Price Information

    Listing Price: $5400000
    Original Price: $5775000
    Conventional

  • Tax Information

    Parcel Number: 93095401 Tax Lot: 1

  • Parking Information

    Parking Total: 27

  • Location Information

    Direction: Driving North on Grand Ave., Turn Right Onto 17th St., Turn Left Onto N. Tustin Ave., Turn Right Onto E. Lenita Ave., Property Will Be on your Left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1711 Sirrine, North Tustin, CA, 92705 $4,695,000 6 5 7,292 7,292 SqFt
9931 Highcliff, Santa Ana, CA, 92705 $2,300,000 6 4 4,241 4,241 SqFt
2240 Foothill Boulevard, Santa Ana, CA, 92705 $3,495,000 3 4 3,496 3,496 SqFt
10372 Crawford Canyon R.., North Tustin, CA, 92705 $4,995,000 5 7 7,082 7,082 SqFt
12351 Alexander, Santa Ana, CA, 92705 $1,199,000 3 2 1,472 1,472 SqFt
12384 Circula Panorama, Santa Ana, CA, 92705 $5,999,999 5 5 4,500 4,500 SqFt
19151 Fowler, Santa Ana, CA, 92705 $2,899,999 5 5 4,278 4,278 SqFt
18791 Pinto, Santa Ana, CA, 92705 $2,349,000 4 3 5,498 5,498 SqFt
12912 View Ridge Drive, Santa Ana, CA, 92705 $4,999,888 7 6 7,100 7,100 SqFt
12265 Circula Panorama, Santa Ana, CA, 92705 $2,290,000 6 3 3,141 3,141 SqFt

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ByOwner last updated this listing 08/12/2026 @ 14:30

MLS: PW25262411 LISTED BY: Gary Tolfa, Triqor Group 949-756-3232 SOURCE: CRMLS

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