$2,975,000
 $15,970 est/mo Sourced by Back At You

409 E Pine Street,Santa Ana, CA 92701

Santa Ana, CA 92701

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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.

Details

MLS #PW26219394
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1983
Days On Site13
Listing Provided ByMorgan Skenderian | Garrett Blair

Features

SQ Feet8,628
Car PortYes
Story(s)2
Units12
Building(s)2
Acreage0.32
Property ViewNone

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesBalcony
Window FeaturesBlinds
AppliancesElectric Range, Gas Range, Water Heater
Fireplace Yes / NoNo

Exterior

RoofComposition, Flat, Spanish Tile
Security FeaturesCarbon Monoxide Detectors, Smoke Detectors
Construction MaterialsFrame, Stucco, Wood Siding
Foundation DetailsSlab
Lot FeaturesThirty Six To Forty Units Acre, Landscaped, Rectangular Lot
FencingChain Link, Fair Condition

Parking

Parking FeaturesAssigned, Concrete, Carport, Community Structure
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ElectricStandard
SewerPublic Sewer

Location

Community FeaturesGutters, Storm Drains, Street Lights, Suburban, Sidewalks

Taxes

Property33305

Area Information

StateCA
CountyOrange
CitySanta Ana
Zip Code92701
Area69 Santa Ana South of First
Community NameHenninger Park/Eastside
Listing VS Median (in Henninger Park/Eastside)
Price:
$2,975,000
low | high
Med:
$2,975,000
50% of Average
sqft:
8,628
low | high
Med:
8,628
50% of Average
$ / sqft:
$345
low | high
Med:
$345
50% of Average
On site:
13
low | high
Med:
13
100% of Average
Sourced by Back At You

Market Activity 92701

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Learn More About This Property

StateCA
CountyOrange
CitySanta Ana
Zip Code92701
Area69 Santa Ana South of First
Community NameHenninger Park/Eastside
Listing VS Median (in Henninger Park/Eastside)
Price:
$2,975,000
low | high
Med:
$2,975,000
50% of Average
sqft:
8,628
low | high
Med:
8,628
50% of Average
$ / sqft:
$345
low | high
Med:
$345
50% of Average
On site:
13
low | high
Med:
13
100% of Average
Sourced by Back At You
Listing Updated: October 8, 2026 at 3:20:49 PM PDT