2221 E Lenita Lane, Santa Ana, CA 92705

Local realty services provided by:ERA Excel Realty
2221 E Lenita Lane,Santa Ana, CA 92705
$5,775,000
  • - Beds
  • - Baths
  • 16,897 sq. ft.
  • Multi-family
  • Active
Listed by: gary tolfa
Office: triqor group
MLS#:PW25262411
Source:CRMLS

Price summary

  • Price:$5,775,000
  • Price per sq. ft.:$341.78

About this home

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.

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Home facts

  • Year built:1969
  • Listing ID #:PW25262411
  • Added:1 day(s) ago
  • Updated:November 18, 2025 at 08:36 PM

Rooms and interior

  • Living area:16,897 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1969
  • Building area:16,897 sq. ft.
  • Lot area:0.66 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,775,000
  • Price per sq. ft.:$341.78
Based on information from California Regional Multiple Listing Service, Inc. as of November 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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