409 E Pine Street Santa Ana, CA $ 2,975,000
409 E Pine Street
$ 2,975,000
Recently Listed
Share Save

409 E Pine Street

Santa Ana, CA, 92701
$ 2,975,000
Bedrooms-- Baths1.0 Sq 8,628

Monthly Estimate*

$ 20,548

Listed by Garrett Blair, Morgan Skenderian, gb@morganskenderian.com
409 E Pine Street, Santa Ana, CA 92701 - Image 1
409 E Pine Street, Santa Ana, CA 92701 - Image 2
409 E Pine Street, Santa Ana, CA 92701 - Image 3
409 E Pine Street, Santa Ana, CA 92701 - Image 4
409 E Pine Street, Santa Ana, CA 92701 - Image 5
409 E Pine Street, Santa Ana, CA 92701 - Image 6
409 E Pine Street, Santa Ana, CA 92701 - Image 7
409 E Pine Street, Santa Ana, CA 92701 - Image 8
409 E Pine Street, Santa Ana, CA 92701 - Image 9
409 E Pine Street, Santa Ana, CA 92701 - Image 10
409 E Pine Street, Santa Ana, CA 92701 - Image 11

Multi-Family Home for sale in Santa Ana, CA

for $2,975,000 with 1 full bath. This 8,628 square foot home was built in 1983 on a lot size of 0.3214.

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.

See more

Multi-Family Active

Price

$ 2,975,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 33,305

Style

Lot Size

0.3214

Year Built

1983

Town/City

Santa Ana

County/Region

Orange

MLS | Web ID

PW26219394

Days on Market

3

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition Flat Spanish Tile
Appliances Electric Range Gas Range Water Heater
HOA Fee 0
Garage Spaces 0
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Frame Stucco Wood Siding
Year Built 1983
Electric Standard
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Tax Year 2026
Gross Income 270818
Community Features Gutter(s) Storm Drain(s) Street Lights Suburban Sidewalks
Accessibility Parking
Additional Parcels Description 40408610
County Orange
Net Operating Income 177847
Operating Expense 84846
Insurance Expense 10785
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 10508
Subdivision Name Henninger Park/Eastside
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South of First Street and east of Main Street.
City Santa Ana
Disclosures Rent Control
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 0
Number Of Units Total 12
MLS Area 69 - Santa Ana South of First
Lot Size Units Square Feet
Lot Size Square Feet 14000
Carport Spaces 12
Carport Y/N true
Listing Terms 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 33305
Electric Expense 793
Current Financing None
Fuel Expense 793
Trash Expense 13545
Water Sewer Expense 6682
Additional Parcels Y/N true
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 9
Property Sub Type Additional Apartment
Taxes 33305
Cap Rate 6
See more
Interior
Interior Amenities Balcony
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Common Area Laundry Room
Entry Level 1
See more
Exterior
Fencing Chain Link Fair Condition
Parking Features Assigned Concrete Carport Community Structure
Lot Features 36-40 Units/Acre Landscaped Rectangular Lot
Water Source Public
Total Parking 12
Lot Size Area 14000
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 8628
Lot Size Acres 0.3214
Road Surface Type Alley Paved Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 12
Number of Separate Electric Meters 12
Road Frontage Type Alley City Street
See more
* Excluded Features
List By
Garrett Blair

Listing Agent

Morgan Skenderian

Broker

gb@morganskenderian.com

Email

Affordability Calculator

$23,323
Per Month
88%
12%
0%
Monthly Principal & Interest
$20,548
Monthly Property Taxes
$2,775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2026$2,975,000 Listed Price

Map


See all

409 E Pine Street, Santa Ana, CA, 92701 is a Multi-Family Home for sale at $2,975,000 with 8,628 sqft and a lot size of 0.3214. 409 E Pine Street has 1.0 baths and was built in 1983. The property's zip code is 92701 which is in Santa Ana, CA