Great Value Add opportunity in the renowned French Park neighborhood in Santa Ana. Located 1 block away from East Civic Center Drive. Be right in the action of the redevelopment going on in Downtown Santa Ana. This is a pair of fourplexes, one facing 506 Vance St and one facing 833 N Lacy. Both have a similar layout: eight one bedroom floorplans with an eat in kitchen, living room, and full bathroom. There are four ground level units and four units on the second level, all with individual access. A third building houses the community/coin op washer and dryer; the washer/dryer units are leased. Seven one car garage spaces are available for tenant use; three face the alley towards the North East, and four face Vance St on the North West Side. The units' flooring is a combination of laminate tile and vinyl flooring, and countertops are tile. Potential rents are $191,520 ($1,995 x8) Actual rents are $131,652