409 E Pine Street
Property Overview
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.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1983
- Lot size
- 14,000 sq ft
- Parking
- 12 spaces
- Carport
- 12 spaces
- Stories
- 2
- Days on market
- 1
- MLS status
- Active
- Architectural style
- Traditional
Features & Amenities
Interior
- Balcony
Appliances
- Electric Range
- Gas Range
- Water Heater
Parking
- Assigned
- Concrete
- Carport
- Community Structure
Pool
- None
Lot
- Thirty Six To Forty Units Acre
- Landscaped
- Rectangular Lot
Security
- Carbon Monoxide Detectors
- Smoke Detectors
Community, Schools & Utilities
Community
- Subdivision
- Henninger Park/Eastside
- View
- None
- Property tax (2026)
- $33,305
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 409 E Pine Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
Get More Info
Crown Coastal Support Team
Direct support from our real estate team
Listing Agent


