Property Details
About this Property
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 5.6% cap rate on existing income, with a proforma cap rate of 8.0%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.
MLS Listing Information
MLS #
CRPW25262411
MLS Source
California Regional MLS
Days on Site
23
Interior Features
Heating
Forced Air
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2221 E Lenita Ln is a Residential Income in Santa Ana, CA 92705. This – square foot property sits on a 28,692 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,775,000 and was built in 1969. This address can also be written as 2221 E Lenita Ln, Santa Ana, CA 92705.
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This listing information is up-to-date as of November 18, 2025. For the most current information, please contact Gary Tolfa
