415 West. Pine St., Santa Ana, CA 92701 - NP25041454 - iPro Real Estate

415 West. Pine St.
Santa Ana, CA 92701

Active, Multi-Family/Income Sale

New Listing
For Sale

$1,995,000 $286.23 per sqft

Free Professional CMA

Listing ID : NP25041454

  • Garage

    4
  • Lot Size

    6,970 Sqft
  • Year

    1921

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!

Details

Type: Multi-Family/Income Sale 
Subdivision: 69 - Santa Ana South Of First 
MLS Area: 69 - Santa Ana South of First 
County: Orange 
Tax ID: 39828110
Cap Rate: 6.44% 
Gross Rent Multiplier: 11.38 
Days on Market: 1 
AltCal ID: CRNP25041454 
Laundry: Gas Hookup, 30 
Number of Buildings: 3 
Number of Units: 6 
Parking Spaces: 8 
Property Type: Commercial Sale 
Water: District - Public 

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33.743828 -117.871628 $1,995,000 NP25041454
415 West. Pine St., Santa Ana, CA 92701
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Listed by Randall Mycorn with R L M Equities

Based on information from the MLSListings MLS) as of 2/26/2025. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 2/26/2025. 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. ©2025 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes