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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 $132,147 $24.07
Other Income - -
Vacancy Loss - -
Effective Gross Income $132,147 $24.07
Taxes $21,929 $3.99
Operating Expenses $26,709 $4.87
Total Expenses $48,638 $8.86
Net Operating Income $83,510 $15.21

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $132,147
Annual Per SF $24.07
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $132,147
Annual Per SF $24.07
Taxes (CAD)
Annual $21,929
Annual Per SF $3.99
Operating Expenses (CAD)
Annual $26,709
Annual Per SF $4.87
Total Expenses (CAD)
Annual $48,638
Annual Per SF $8.86
Net Operating Income (CAD)
Annual $83,510
Annual Per SF $15.21

Property Facts

Price $2,048,957 CAD
Price Per Unit $256,120 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
$3,080,736 CAD (2025)
Improvements Assessment
$329,864 CAD (2025)
Total Assessment
$3,410,600 CAD (2025)
Annual Taxes
$21,929 CAD ($3.99 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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