2221 E Lenita Lane, Santa Ana, CA 92705
Local realty services provided by:ERA North Orange County Real Estate
2221 E Lenita Lane,Santa Ana, CA 92705
$5,775,000
- 6 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: gary tolfa
Office: triqor group
MLS#:PW25262411
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,775,000
About this home
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 individually parceled condos, providing a buyer with the opportunity to sell the units individually. Casa Los Amigos currently generates a 5.6% cap rate on existing income, with a proforma cap rate of 8.0%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.
Contact an agent
Home facts
- Listing ID #:PW25262411
- Added:49 day(s) ago
- Updated:January 07, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
Heating and cooling
- Heating:Forced Air Unit
Finances and disclosures
- Price:$5,775,000
New listings near 2221 E Lenita Lane
- New
$1,799,000Active9 beds 8 baths2625 W Orion, Santa Ana, CA 92704
MLS# PW26002474Listed by: NEW EMPIRE REALTY - New
$470,000Active2 beds 2 baths878 sq. ft.2521 W Sunflower #R1, Santa Ana, CA 92704
MLS# OC26001548Listed by: FIRST TEAM REAL ESTATE - New
$435,000Active2 beds 1 baths855 sq. ft.1000 W Macarthur Boulevard #113, Santa Ana, CA 92707
MLS# OC26001403Listed by: FIRST TEAM REAL ESTATE - New
$470,000Active2 beds 2 baths914 sq. ft.1001 W Macarthur #110, Santa Ana, CA 92707
MLS# OC26001493Listed by: FIRST TEAM REAL ESTATE - Open Sat, 12 to 3:30pmNew
$1,150,000Active4 beds 2 baths1,465 sq. ft.1207 S Van Ness, Santa Ana, CA 92707
MLS# PW26001375Listed by: AGUSTIN DE LA TORRE, BROKER - New
$470,000Active2 beds 2 baths878 sq. ft.2521 W Sunflower #R1, Santa Ana, CA 92704
MLS# OC26001548Listed by: FIRST TEAM REAL ESTATE - New
$470,000Active2 beds 2 baths914 sq. ft.1001 Macarthur #110, Santa Ana, CA 92707
MLS# OC26001493Listed by: FIRST TEAM REAL ESTATE - New
$435,000Active2 beds 1 baths855 sq. ft.1000 Macarthur Boulevard #113, Santa Ana, CA 92707
MLS# OC26001403Listed by: FIRST TEAM REAL ESTATE - New
$499,000Active3 beds 3 baths1,000 sq. ft.1017 W Bishop Street #A, Santa Ana, CA 92703
MLS# OC26001834Listed by: RE/MAX COASTAL HOMES - New
$499,000Active3 beds 3 baths1,000 sq. ft.1017 W Bishop Street #A, Santa Ana, CA 92703
MLS# OC26001834Listed by: RE/MAX COASTAL HOMES