409 E Pine Street, Santa Ana, CA 92701

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
409 E Pine Street,Santa Ana, CA 92701
$2,975,000
  • - Beds
  • - Baths
  • 8,628 sq. ft.
  • Multi-family
  • Active
Listed by: garrett blair, rick applebaum
Office: morgan skenderian949-251-8800
MLS#:PW26219394
Source:CRMLS

Price summary

  • Price:$2,975,000
  • Price per sq. ft.:$344.81

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

  • Year built:1983
  • Subdivision & Development:Henninger Park/Eastside
  • Listing ID #:PW26219394
  • Added:1 day(s) ago
  • Updated:October 08, 2026 at 11:35 PM

Rooms and interior

  • Kitchen Description:Electric Range, Gas Range
  • Living area:8,628 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition, Flat, Spanish Tile
  • Year built:1983
  • Building area:8,628 sq. ft.
  • Lot area:0.32 Acres
  • Lot Features:Landscaped, Rectangular Lot
  • Architectural Style:Traditional
  • Construction Materials:Frame, Stucco, Wood Siding
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$2,975,000
  • Price per sq. ft.:$344.81
  • Tax amount:$33,305 (2026)

Features and amenities

  • Appliances:Electric Range, Gas Range, Water Heater
  • Laundry features:Common Area, Laundry Room
  • Amenities:Balcony, Carbon Monoxide Detectors, Smoke Detectors

Parking

  • Total parking spaces:12
  • Parking description:12 Carport Space(s), Assigned, Carport, Community Structure, Concrete Driveway
  • Carport spaces:12
Based on information from California Regional Multiple Listing Service, Inc. as of October 8, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.