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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 6.5% 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 : Residential Income

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

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1969 Building Area Total: 16,897
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.6587
  • Lot Size Source: Assessor Lot Size Square Feet: 28692

  • Listing Price Information

    Original List Price: 5,400,000 Listing Contract Date: 2025-11-18
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 93095401

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 70 - Santa Ana North of First Directions: 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. Source Property Type: Residential Income Area: 70 - Santa Ana North of First Property SubType: Apartment
  • Building and Construction

    Property Age: 57 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1711 Sirrine, North Tustin, CA, 92705 $4,995,000 6 4 7,292 7,292 SqFt
9931 Highcliff, Santa Ana, CA, 92705 $2,300,000 6 3 4,241 4,241 SqFt
10412 Boca Canyon, North Tustin, CA, 92705 $3,695,000 5 4 5,755 5,755 SqFt
10472 Villa Del Cerro, Santa Ana, CA, 92705 $8,600,000 7 5 9,300 9,300 SqFt
2240 Foothill Boulevard, Santa Ana, CA, 92705 $3,495,000 3 3 3,496 3,496 SqFt
1341 Mumford, North Tustin, CA, 92705 $2,195,000 4 2 2,240 2,240 SqFt
19631 Country Haven, North Tustin, CA, 92705 $1,799,888 4 2 2,321 2,321 SqFt
1301 Smokewood Drive, North Tustin, CA, 92705 $4,399,999 8 2 5,038 5,038 SqFt
10372 Crawford Canyon R.., North Tustin, CA, 92705 $4,995,000 5 7 7,082 7,082 SqFt
12384 Circula Panorama, Santa Ana, CA, 92705 $5,999,999 5 5 4,500 4,500 SqFt

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ByOwner last updated this listing 06/20/2026 @ 08:59

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

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