409 E Pine Street, Santa Ana, CA 92701
409 E Pine Street, Santa Ana, CA 92701
409 E Pine Street, Santa Ana, CA 92701
11
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$2,975,000
Est. payment /mo
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3 Beds
2 Baths
0.32 Acres Lot
New

409 E Pine Street Santa Ana, CA 92701

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26219394

Bedrooms 3

Lot Size 0.321 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

409-415 E. Pine Street is a 12-unit multifamily property located in Santa Ana, CA, offering investors an opportunity to acquire a well-located Orange County asset. Built in 1983, the property consists of two contiguous parcels totaling 8,628 square feet of rentable area situated on a 14,000 square foot lot. The community features a desirable unit mix of four 1BR/1BA units and eight 2BR/1BA units, along with amenities including on-site laundry, gated entry, individual water heaters, and patios/balconies in select units. Recent capital improvements include roof restoration, HVAC replacements, water heater replacement, and interior updates to select units. The property is offered at a 6% CAP Rate on current income with 25% rental upside, providing investors with additional growth potential through continued upgrades, turnover, and rent increases.

Location

State CA

County Orange

Zoning Public Rec

Direction South of First Street and east of Main Street.

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 40408609

Acceptable Financing Exchange

Listing Terms Exchange

MLS Router / San Diego MLS
Listed by Garrett Blair, DRE#02026908 Morgan Skenderian 
Co-listed byRick Applebaum • Morgan Skenderian

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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409 E Pine Street

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