Trimark Realty
2221 E Lenita Lane primary photo
Active·Multi-Family (22 Units)

$5,400,000

-$375,000
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2221 E Lenita Lane, Santa Ana CA 92705

27 beds26 baths16,897 sqft

Multi-Family (22 Units)

Property type

199 days

On market

$320

Price per sqft

0 cars

Garage

1969

Year built

28,692 sqft

Lot size

Open Houses

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Overview

IMPORTANT TO NOTE: 11 OF THE 1-BEDROOMS ARE LARGE 729 SQFT. UNITS WITH DENS. THE DENS ARE UTILIZED AS A SECOND BEDROOM AND RENTS ARE CLOSER TO A 2-BEDROOM RENTAL LEVEL! 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...

Listing provided by: Gary Tolfa DRE #00955403, Triqor Group

Listing updated: May 1, 2026 at 11:45pm.

Last checked: Jun 4, 2026 at 03:30pm

Source: CRMLS #PW25262411

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
611$1,995$11,970$2,295Unfurnished
1111$1,995$21,945$2,595Unfurnished
121$2,481$2,481$2,695Unfurnished
422$2,290$9,160$2,795Unfurnished
  • # of Buildings: 1

  • # of Units Total: 22

  • Separate Electric Meters: 22

  • Separate Gas Meters: 22

  • Separate Water Meters: 1

  • Rent Control: Yes

Financial Snapshot

Gross Rent Multiplier

9.6x

List Price / Annual Gross Rent

Cap Rate

6.51%

NOI / List Price

  • Gross Scheduled Income: $560,554

  • Operating Expense: $192,171

  • Net Operating Income: $351,567

Annual Operating Expenses

  • Electric: $0

  • Fuel: $0

  • Insurance: $0

  • Professional Management: $0

  • Trash: $0

  • Water / Sewer: $0

Interior

  • Heating: Forced Air

  • Laundry: Common Area

  • Entry Location: 1

Exterior

  • Property Attached: Yes

  • Stories Total: 2

  • Levels: One

  • Common Walls: Two Common Walls Or More

  • Lot Features: Irregular Lot

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Garage Spaces: 0

  • Uncovered Spaces: 8

  • Carport Spaces: 19

  • Parking Total: 27

Lot Information

  • Land Lease: No

  • Common Interest: CommunityApartment

  • Parcel #: 93095401

  • Additional Parcels: Yes

  • Tax Lot: 1

  • Subdivision: Other

Community

  • Senior Community: No

    • Community Features: Sidewalks

    Nearby Schools

    Nearby schools around the 2221 E Lenita Lane, Santa Ana, CA 92705. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $4,320,000

    Total Interest

    $5,509,922

    Total Payment

    $9,829,922

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $33,080

    per month

    Principal
    $3,905
    Interest
    $23,400
    Property Tax
    $5,625
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 2221 E Lenita Lane

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    Santa Ana Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 92705.

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