1423 W Lingan Lane, Santa Ana, CA 92704

$1,950,000 Approx. USD 0 beds, 0 baths

Reduced by $100,000 on 5/3/2025

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Marketed By The Keaty Team

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Agent Remarks

We are pleased to present the Lingan Lane Apartments located at 1423 Lingan Lane in a solid Santa Ana rental location. This garden-style two-story walkup is in great condition thanks to quality management and a strong pride of ownership. Six of the eight 1 bed / 1 bath units have been renovated at a cost of about $22,000 each unit. The building has gated pedestrian access, pitched composition roofs, covered carports parking, and on-site laundry. The units have garbage disposals, mostly new double-pane vinyl windows, and are separately metered for electricity. The buildings plumbing has been re-piped with copper plumbing at a cost of about $25,000, new exterior paint, and new landscaping that was installed in 2025. Ownership has also implemented a RUBS program to keep utility costs down. The strong City of Santa Ana location at Bristol & McFadden offers an investor the ability to attract quality residents seeking a well-located residence with convenient access to a wide variety of activities and retail amenities. Nearby are Main Place Mall, The Santa Ana Zoo, South Coast Plaza, Orange County Great Park, Irvine Regional Park, Centennial Park, and Riverview Golf Course. The overall demand for well-located apartments like this will be a key driver in the continued growth for the Lingan Lane Apartments in Santa Ana, California.

Listing Details

Property type: Mixed Use (Multi-Family)

Status: Active

MLS# OC25067410

List price is $1,950,000 Reduced by $100,000 on 5/3/2025

Price: $1,950,000

Beds: 0

Baths: 0

Built in 1959

2 stories

0.17 acres

Lot size: 0.1700