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1409 W Lingan Lane

Santa Ana, CA 92704
  • $3,200,000
  • STATUS: ACTIVE
  • ON SITE: 100 Days
  • ID#: OC23104084
UPDATED: 75 min ago
$3,200,000
  • 3
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Situated on a 0.25-acre lot, 1409 West Lingan Lane consists of one and two-bedroom units and includes amenities such as gated pedestrian access, a central courtyard, garage parking, and on-site laundry. There is potential for new ownership to further increase cash flow through the conversion of the current laundry facility into an accessory dwelling unit (ADU). 1409 West Lingan Lane is within walking distance of the Bristol Swap Mall, offering nearly 60,000 square feet of retail space and over 50 stores, providing residents with convenient access to a variety of retail, dining, and entertainment options. Additionally, the property is located just over 1 mile from Downtown Santa Ana and the bustling 4th Street Market, which grants residents easy access to the Citys civic center as well as a trendy, local culinary hub. 1409 West Lingan Lane is within a 1-mile radius of numerous education centers such as Martin Luther King Jr. Elementary School, Carr Intermediate School, Valley High School, and Mater Dei High School. The property is just 1.20 miles from Centennial Regional Park, a sprawling community center that spans just over 69 acres, providing residents easy access to a number of outdoor activities. Furthermore, 1409 West Lingan Lane is just over 3 miles from the Interstate 5 and State Route 55 Interchange. 1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Situated on a 0.25-acre lot, 1409 West Lingan Lane consists of one and two-bedroom units and includes amenities such as gated pedestrian access, a central courtyard, garage parking, and on-site laundry. There is potential for new ownership to further increase cash flow through the conversion of the current laundry facility into an accessory dwelling unit (ADU). 1409 West Lingan Lane is within walking distance of the Bristol Swap Mall, offering nearly 60,000 square feet of retail space and over 50 stores, providing residents with convenient access to a variety of retail, dining, and entertainment options. Additionally, the property is located just over 1 mile from Downtown Santa Ana and the bustling 4th Street Market, which grants residents easy access to the Citys civic center as well as a trendy, local culinary hub. 1409 West Lingan Lane is within a 1-mile radius of numerous education centers such as Martin Luther King Jr. Elementary School, Carr Intermediate School, Valley High School, and Mater Dei High School. The property is just 1.20 miles from Centennial Regional Park, a sprawling community center that spans just over 69 acres, providing residents easy access to a number of outdoor activities. Furthermore, 1409 West Lingan Lane is just over 3 miles from the Interstate 5 and State Route 55 Interchange.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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1409 W Lingan Lane Santa Ana, CA 92704

  • Price: $3,200,000
  • Status: ACTIVE
  • On Site: 100 Days
  • Updated: 75 min ago
  • ID#: OC23104084
3
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
Oc - Santa Ana (92704)
County:
Orange
Area:
Oc - Santa Ana (92704)
Property Description
1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Situated on a 0.25-acre lot, 1409 West Lingan Lane consists of one and two-bedroom units and includes amenities such as gated pedestrian access, a central courtyard, garage parking, and on-site laundry. There is potential for new ownership to further increase cash flow through the conversion of the current laundry facility into an accessory dwelling unit (ADU). 1409 West Lingan Lane is within walking distance of the Bristol Swap Mall, offering nearly 60,000 square feet of retail space and over 50 stores, providing residents with convenient access to a variety of retail, dining, and entertainment options. Additionally, the property is located just over 1 mile from Downtown Santa Ana and the bustling 4th Street Market, which grants residents easy access to the Citys civic center as well as a trendy, local culinary hub. 1409 West Lingan Lane is within a 1-mile radius of numerous education centers such as Martin Luther King Jr. Elementary School, Carr Intermediate School, Valley High School, and Mater Dei High School. The property is just 1.20 miles from Centennial Regional Park, a sprawling community center that spans just over 69 acres, providing residents easy access to a number of outdoor activities. Furthermore, 1409 West Lingan Lane is just over 3 miles from the Interstate 5 and State Route 55 Interchange. 1409 West Lingan Lane is an 11-unit multifamily investment property located in Santa Ana, California. Situated on a 0.25-acre lot, 1409 West Lingan Lane consists of one and two-bedroom units and includes amenities such as gated pedestrian access, a central courtyard, garage parking, and on-site laundry. There is potential for new ownership to further increase cash flow through the conversion of the current laundry facility into an accessory dwelling unit (ADU). 1409 West Lingan Lane is within walking distance of the Bristol Swap Mall, offering nearly 60,000 square feet of retail space and over 50 stores, providing residents with convenient access to a variety of retail, dining, and entertainment options. Additionally, the property is located just over 1 mile from Downtown Santa Ana and the bustling 4th Street Market, which grants residents easy access to the Citys civic center as well as a trendy, local culinary hub. 1409 West Lingan Lane is within a 1-mile radius of numerous education centers such as Martin Luther King Jr. Elementary School, Carr Intermediate School, Valley High School, and Mater Dei High School. The property is just 1.20 miles from Centennial Regional Park, a sprawling community center that spans just over 69 acres, providing residents easy access to a number of outdoor activities. Furthermore, 1409 West Lingan Lane is just over 3 miles from the Interstate 5 and State Route 55 Interchange.
Exterior Features

Pool N/K Site CurbsSidewalks Topography Level

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1

Property Features

Annual Expense Actual 70056 Buildings 1 Cfd Mello Roos Fee 2734.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 251519 Monthly Total Fees 227 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 3122.0 Unit2 Rent Actual 17838.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Tyler Leeson of Marcus & Millichap Re Invest: 714-713-9086. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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