120 E Pine Street Santa Ana, CA ^$ 3,850,000

120 E Pine Street

^$ 3,850,000

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120 E Pine Street

Santa Ana, CA, 92701

^$ 3,850,000

Studio Baths1.0 Sq 7,350

Monthly Estimate*

^$ 24,019

Listed by Alliance Investment RE Group

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Studio

Multi-Family Home for sale in Santa Ana, CA

for $3,850,000 with 1 full bath. This 7,350 square foot home was built in 1971 on a lot size of 0.3.

We are pleased to present the Pine Apartments consisting of 14 Units (with patios & balconies) in a high demand rental area of Santa Ana. This property is individually metered for Electric (tenants responsibility) and has NO GAS. The roof is approximately 10 years old with ample parking - plenty of carports and street parking available. Property has an on-site laundry room that is owned and has copper plumbing. Majority of the units have been upgraded. NEW IN 2025: Stucco, Paint, Windows, and Landscaping! This is a great investment opportunity for the passive investor who wants a turnkey, pride of ownership property with great cash flow! Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.

Multi-Family Active

Price

^$ 3,850,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3

Year Built

1971

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

OC25176484

Days on Market

137

Features

General

Sewer Public Sewer

Zoning R3

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1971

Stories Count 2

Levels Two

Property Subtype Mixed Use

Gross Income 317844

Community Features Curbs Gutter(s) Street Lights Sidewalks

County Orange

Net Operating Income 231747

Operating Expense 86097

Insurance Expense 3800

New Construction 0

Property Type Residential Income

HOA 0

Subdivision Name Other

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions Off of W Chestnut Ave & Main Street

City Santa Ana

Entry Location 1

Senior Community Y/N 0

Open Parking Spaces 10

Number Of Units Total 14

MLS Area 69 - Santa Ana South of First

Lot Size Units Square Feet

Lot Size Square Feet 13068

Carport Spaces 15

Carport Y/N 1

Number of Units Leased 14

Listing Terms Cash to New Loan

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 2800

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 10

Total Actual Rent 25362

Property Sub Type Additional Mixed Use

Cap Rate 6.02

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 11-15 Units/Acre

Water Source Public

Total Parking 25

Lot Size Area 13068

Number of Buildings 1

Building Area Total 7350

Lot Size Acres 0.3

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 0

Number of Separate Electric Meters 14

* Excluded Features

List By

Alliance Investment Re Group

Broker

Ruben@AllianceIRE.com

Affordability Calculator

$24,019

Per Month

Monthly Principal & Interest: $24,019
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Ana, CA

Average List Price ^$2,437,650

Percent of Sale Price 37%

About Santa Ana, CA

331,906 Population

-2% Since 2002

^$55,844 Median Income

32.48 Median Age

43% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/20/2025	$3,850,000		Listed Price

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120 E Pine Street, Santa Ana, CA, 92701 is a Multi-Family Home for sale at $3,850,000 with 7,350 sqft and a lot size of 0.3. 120 E Pine Street is a studio with 1.0 baths and was built in 1971. The property's zip code is 92701 which is in Santa Ana, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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120 E Pine Street

Multi-Family Home for sale in Santa Ana, CA

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