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Investment Highlights

  • French Park

Executive Summary

Great Value Add Opportunity in French Park

Attachments

925 N Lacy St OM

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $132,454 $24.13
Other Income - -
Vacancy Loss - -
Effective Gross Income $132,454 $24.13
Taxes $21,980 $4.00
Operating Expenses $26,771 $4.88
Total Expenses $48,751 $8.88
Net Operating Income $83,704 $15.25

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $132,454
Annual Per SF $24.13
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $132,454
Annual Per SF $24.13
Taxes (CAD)
Annual $21,980
Annual Per SF $4.00
Operating Expenses (CAD)
Annual $26,771
Annual Per SF $4.88
Total Expenses (CAD)
Annual $48,751
Annual Per SF $8.88
Net Operating Income (CAD)
Annual $83,704
Annual Per SF $15.25

Property Facts

Price $2,053,711 CAD
Price Per Unit $256,714 CAD
Sale Type Investment
Cap Rate 4.08%
Gross Rent Multiplier 15.5
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,490 SF
Average Occupancy 100%
No. Stories 2
Year Built 1930
Parking Ratio 1.03/1,000 SF
Opportunity Zone Yes

Amenities

  • Smoke Detector

Unit Amenities

  • Ceiling Fans
  • Kitchen
  • Window Coverings

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - 600
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
398-032-02
Land Assessment
$3,102,144 CAD (2025)
Improvements Assessment
$332,156 CAD (2025)
Total Assessment
$3,434,300 CAD (2025)
Annual Taxes
$21,980 CAD ($4.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35852444

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 925 N Lacy St, Santa Ana, CA 92701

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