$2,975,000

Multi Family In Santa Ana

  • 3 Beds
  • 2 Baths
  • 14,001 Sqft lot
  • Updated: October 9
  • Source:
    San Diego MLS  MLS#PW26219394

About the Property

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,
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.
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  • Property type

    Other

  • Floors

    2

Features

  • Terrace
  • Investment Property
  • Air Conditioning
  • Balcony
  • Laundry Room
  • Gate

Explore the Area

409 E Pine Street, Santa Ana, California, United States View on Google Maps
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Morgan Skenderian - Newport Beach

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Morgan Skenderian - Newport Beach
California, United States
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29
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2025
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Morgan Skenderian - Newport Beach
Newport Beach, California, United States
View agency profile
Last updated
October 9
First listed
October 9
Listing reference
PW26219394
Listing status
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