Santa Ana, CA 92701 120 E Pine Street
$3,848,000
12 more
Presented By: Ruben Khorsandi with Alliance Investment RE Group; 949-683-6662
Baths • 1
SQFT • 7,350
Home Details
We are pleased to present the Pine Apartments consisting of 14 Units (with patios & balconies) in a high demand rental area of Santa Ana. This property is individually metered for Electric (tenants responsibility) and has NO GAS. The roof is approximately 10 years old with ample parking - plenty of carports and street parking available. Property has an on-site laundry room that is owned and has copper plumbing. Majority of the units have been upgraded.
NEW IN 2025: Stucco, Paint, Windows, and Landscaping! This is a great investment opportunity for the passive investor who wants a turnkey, pride of ownership property with great cash flow!
Agents/Broker of Record takes no responsibility for the accuracy of this information. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence.
Presented By: Ruben Khorsandi with Alliance Investment RE Group; 949-683-6662
Interior Features for 120 E Pine Street
Other Interior Features
Common Walls1 Common Wall
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 120 E Pine Street
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.02
Carport Spaces15
Carport Y/NYes
CitySanta Ana
Community FeaturesCurbs, Gutter(s), Street Lights, Sidewalks
CountyOrange
DirectionsOff of W Chestnut Ave & Main Street
Electric Expense2800
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income317844
HOANo
HOA Fee$
Insurance Expense3800
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet13068
Lot Size UnitsSquare Feet
MLS Area69 - Santa Ana South of First
Net Operating Income231747
New ConstructionNo
Number Of Units Total14
Number of Units Leased14
Open Parking Spaces10
Operating Expense86097
Pool FeaturesNone
PostalCitySANTA ANA
Property Attached Y/NYes
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameOther
Tax Lot10
Total Actual Rent25362
Trash Expense0
Water Sewer Expense0
Year Built1971
Year Built SourceAssessor
ZoningR3
Exterior for 120 E Pine Street
Building Area Total7350
Lot Features11-15 Units/Acre
Lot Size Acres0.3
Lot Size Area13068
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters14
Number of Separate Gas Meters0
Number of Separate Water Meters1
Private PoolNo
Total Parking25
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Limor Zamir
Realtor®