409 E Pine Street, Santa Ana, CA 92701

Santa Ana
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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 10:33 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 Furnance

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
  • Amenities:Balcony, Carbon Monoxide (CO2) Detector, Water Heater

Parking

  • Total parking spaces:12
  • Parking description:12 Carport Space(s), Assigned, Carport, Community Structure, Concrete
  • Carport spaces:12
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