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Listed by: Garrett Blair (949) 300-5610 DRE #02026908, Rick Applebaum DRE #01273871 | Morgan Skenderian (949) 251-8800
$2,975,000
Monthly Est:$14,808
3 Beds
2 Baths
8,628sqft
409 E Pine St, Santa Ana, CA 92701
$2,975,000
$14,808/moEst:
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Apartment
Built in 1983
$-- HOA
14,000 sqft lot
$345/sq.ft
Description
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.
- Houzeo last checked: 1 hour ago
- Listing updated: October 8, 2026 at 9:23 pm
- Source: California Regional MLS-CA | MLS#: PW26219394
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1983
HOA Fees
-
Finished Area
8,628 sqft
Lot Size
14,000 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW26219394
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Public Sewer
Appliances
Electric Range, Gas Range, Water Heater
Window Features
Blinds
Cooling
Wall Window Units
Heating
Wall Furnace
Interior Features
Balcony
Construction
Year Built
Year Built: 1983
Home type
Apartment
Foundation Details
Slab
Construction Materials
Frame, Stucco, Wood Siding
Roof
Composition, Flat, Spanish Tile
Architectural Style
Traditional
Utilities & Energy
Parking Features
Assigned, Concrete, Carport, Community Structure
Security Features
Carbon Monoxide Detectors, Smoke Detectors
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Fireplace Features
None
Pool Features
None
Water Source
Public
Electric
Standard
Laundry Features
Common Area, Laundry Room
Other Features
Disclosures
Rent Control
Subdivision Name
Henninger Park/eastside
Lot Features
Thirty Six To Forty Units Acre, Landscaped, Rectangular Lot
Community Features
Gutters, Storm Drains, Street Lights, Suburban, Sidewalks
Tenant Pays
Electricity, Gas
Price History
| Date | Event | Price |
|---|---|---|
10/08/2026 Source: | Listed for Sale | $2,975,000 -4.03% $345/sqft |
08/27/2020 Source: | Price Increased | $3,100,000 +226.66% $359/sqft |
05/08/2014 Source: | Sold | $949,000 $110/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 12:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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