409 E Pine ST Santa Ana, CA 92701
0.32 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Henninger Park/Eastside
MLS Listing ID PW26219394
HOA Y/N No
Year Built 1983
Annual Tax Amount $33,305
Tax Year 2026
Lot Size 0.321 Acres
Property Sub-Type Apartment
Property Description
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.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Interior Features Balcony
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Electric Range, Gas Range, Water Heater
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned, Concrete, Carport, Community Structure
Carport Spaces 12
Fence Chain Link, Fair Condition
Pool None
Community Features Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition,Flat,Spanish Tile
Accessibility Parking
Total Parking Spaces 12
Private Pool No
Building
Lot Description 36-40 Units/Acre, Landscaped, Rectangular Lot
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 40408609
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 793.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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