For sale

Listed by: Morgan Skenderian • Garrett Blair • Contact: 949-300-5610

$2,975,000

409 E Pine St, Santa Ana, CA 92701

20beds

12baths

8,628sqft

N/A

Get pre-qualified

Multi Family

Built in 1983

-- sqft lot

$-- Zestimate^®

$345/sqft

$-- HOA

What's special

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.

3 days
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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 20
Bathrooms: 12

Rooms

Room types: Kitchen

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Included: Electric Range, Gas Range, Water Heater
Laundry: Common Area, Laundry Room

Features

Balcony
Windows: Blinds
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 8,628
Total interior livable area: 8,628 sqft

Property

Parking

Total spaces: 12
Parking features: Assigned, Concrete, Carport, Community Structure
Carport spaces: 12

Accessibility

Accessibility features: Parking

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Spa features: None
Fencing: Chain Link,Fair Condition

Lot

Size: 0.32 Acres
Features: 36-40 Units/Acre, Landscaped, Rectangular Lot

Details

Additional parcels included: 40408610
Parcel number: 40408609
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Frame, Stucco, Wood Siding
Foundation: Slab
Roof: Composition,Flat,Spanish Tile

Condition

New construction: No
Year built: 1983

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: Henninger Park/Eastside

Location

Region: Santa Ana

Financial & listing details

Price per square foot: $345/sqft
Annual tax amount: $33,305
Date on market: 10/8/2026
Cumulative days on market: 3 days
Listing terms: 1031 Exchange
Tenant pays: Electricity, Gas
Road surface type: Alley Paved, Paved

Estimated market value

Not available

Estimated sales range

Not available

$3,952/mo

Price history

Date	Event	Price
10/8/2026	Listed for sale	$2,975,000+213.5%$345/sqft
Source: CRMLS #PW26219394 Report a problem
5/8/2014	Listing removed	$949,000$110/sqft
Source: Pat Swanson #OC14045933 Report a problem
3/16/2014	Pending sale	$949,000$110/sqft
Source: Pat Swanson #OC14045933 Report a problem
3/7/2014	Listed for sale	$949,000$110/sqft
Source: Pat Swanson #OC14045933 Report a problem
11/28/2012	Listing removed	$875
Source: Consensys Property Management Report a problem
9/20/2012	Listed for rent	$875
Source: Consensys Property Management Report a problem