2221 E Lenita Lane, Santa Ana, CA 92705
Local realty services provided by:ERA Donahoe Realty
2221 E Lenita Lane,Santa Ana, CA 92705
$5,400,000
- - Beds
- - Baths
- 16,897 sq. ft.
- Multi-family
- Active
Listed by: gary tolfa
Office: triqor group949-756-3232
MLS#:PW25262411
Source:CRMLS
Price summary
- Price:$5,400,000
- Price per sq. ft.:$319.58
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 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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Home facts
- Year built:1969
- Listing ID #:PW25262411
- Added:178 day(s) ago
- Updated:May 16, 2026 at 10:34 AM
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
- Lot Features:Irregular Lot
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,400,000
- Price per sq. ft.:$319.58
Parking
- Total parking spaces:27
- Parking description:19 Carport Space(s)
- Carport spaces:19
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