409 E Pine Street, Santa Ana, CA 92701

Santa Ana
Local realty services provided by:ERA Donahoe Realty
409 E Pine Street,Santa Ana, CA 92701
$2,975,000
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: garrett blair, rick applebaum
Office: morgan skenderian
MLS#:PW26219394
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,975,000

About this home

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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Home facts

  • Listing ID #:PW26219394
  • Added:1 day(s) ago
  • Updated:October 10, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Roof:Composition
  • Construction Materials:Stucco, Wood
  • Levels:2 Story

Finances and disclosures

  • Price:$2,975,000
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