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415 W Pine Street

Santa Ana, CA 92701
  • $1,995,000
  • STATUS: Active
  • ON SITE: 18 Days
  • ID#: NP25041454
$1,995,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing Agent(s): Randall Mycorn of R L M Equities (949-573-5309)


Description

HIGHEST CAP RATE ON THE MARKET IN ORANGE COUNTY. 6 Units in PRIME Santa Ana. Located walking distance from multiple schools, parks, OC Civic Center and Historic Downtown Santa Ana! The Pine Apartments offer an investor STRONG in place cashflow, low maintenance renovated property condition, and low expense operations. All new tenants are on RUBS program, generating extra cashflow. The building contains one and two bedroom floor plans, including cottage style units with no shared walls.Other amenities include: washer/dryer hookups, AC and Heating, Garage and Reserved parking, large private patios, dual pane windows, brand new kitchens and bathrooms, vinyl flooring, and private front and rear entries. The buildings also has a massive basement that is currently unused and unrented!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160841549
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415 W Pine Street Santa Ana, CA 92701

  • Price: $1,995,000
  • Status: Active
  • On Site: 18 Days
  • ID#: NP25041454
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1921
Built
Neighborhood:
Civic Center
County:
Orange
Area:
69 - Santa Ana South of First
Property Description
HIGHEST CAP RATE ON THE MARKET IN ORANGE COUNTY. 6 Units in PRIME Santa Ana. Located walking distance from multiple schools, parks, OC Civic Center and Historic Downtown Santa Ana! The Pine Apartments offer an investor STRONG in place cashflow, low maintenance renovated property condition, and low expense operations. All new tenants are on RUBS program, generating extra cashflow. The building contains one and two bedroom floor plans, including cottage style units with no shared walls.Other amenities include: washer/dryer hookups, AC and Heating, Garage and Reserved parking, large private patios, dual pane windows, brand new kitchens and bathrooms, vinyl flooring, and private front and rear entries. The buildings also has a massive basement that is currently unused and unrented!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 7 Open Parking Spaces 4 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 6.44 Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 486 Gross Scheduled Income 175269 Insurance Expense 3525 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 3300 Net Operating Income 128410 New Construction YN No New Taxes Expense 23649 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 41601 Other Expense 8327 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance Rate 3 Water Sewer Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-16T00:26:55.377. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Randall Mycorn of R L M Equities (949-573-5309)