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About the Listing PB8846 - PWBLAGAR,PAPPLRIC
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.
Listing Highlights for 409 E Pine St
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Electric Range, Gas Range, Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other: Balcony
- Water: Public
Exterior Details
- Lot Description: 36-40 Units/Acre,Landscaped,Rectangular Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 12
- Roof: Composition,Flat,Spanish Tile
- Others: Frame,Stucco,Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Concrete,Carport,Community Structure
Financial Details
- Tax Amount: $33,305
- Taxes w/Assessments: N/A
- Tax/Property ID: 40408609
- Tax Year: 2026
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
409 E Pine St Santa Ana, CA 92701
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