16,897 sqft

$5,200,000

2221 E Lenita Lane, Santa Ana CA, 92705

Price per sqft$307.75

Built in1969

Property size16,897 sqft

Property typeCondominium

Bought with Gary Tolfa with Triqor Group and Listed by Gary Tolfa CA DRE# 00955403 with Triqor Group [email protected]

Overview

Sold

Closed

Listed Nov 18, 2025

Updated Aug 22

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 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 6.7% cap rate on existing income, with a proforma cap rate of 8.7%. This well-maintained, pride-of-ownership asset offers investors strong in-place income with significant and flexible upside potential in an excellent location.

Additional information

MLS^® ID: PW25262411

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.66 Acres

Other Property Details

55+/Senior Community: No

Bought with Gary Tolfa with Triqor Group and Listed by Gary Tolfa CA DRE# 00955403 with Triqor Group [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/22/2026 at 5:30 AM UTC Last Checked: 5:30 AM UTC