120 E Pine St Santa Ana, CA 92701
Pacific Park NeighborhoodEstimated payment $20,930/month
Highlights
- 0.3 Acre Lot
- No HOA
- Laundry Room
About This Home
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.
Listing Agent
Alliance Investment RE Group Brokerage Phone: 949-683-6662 License #01085411 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 0.3 Acre Lot
- 1 Common Wall
- Density is 11-15 Units/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 7,350 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Parking
- 10 Open Parking Spaces
- 25 Parking Spaces
- 15 Carport Spaces
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 10 / E
- Tax Tract Number 134
- Assessor Parcel Number 40409610
- $3,715 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 14 Units
Amenities
- Laundry Facilities
Building Details
- 14 Leased Units
- Rent Control
- 14 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $2,800
- Gardener Expense $1,680
- Insurance Expense $3,800
- Operating Expense $8,280
- Gross Income $317,844
- Net Operating Income $231,747
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,249 | $690,559 | $214,742 | $475,817 |
| 2024 | $11,249 | $677,019 | $210,531 | $466,488 |
| 2023 | $10,939 | $663,745 | $206,403 | $457,342 |
| 2022 | $10,765 | $650,731 | $202,356 | $448,375 |
| 2021 | $10,545 | $637,972 | $198,388 | $439,584 |
| 2020 | $10,528 | $631,431 | $196,354 | $435,077 |
| 2019 | $10,377 | $619,050 | $192,503 | $426,547 |
| 2018 | $10,055 | $606,912 | $188,728 | $418,184 |
| 2017 | $9,957 | $595,012 | $185,027 | $409,985 |
| 2016 | $9,782 | $583,346 | $181,399 | $401,947 |
| 2015 | $9,649 | $574,584 | $178,674 | $395,910 |
| 2014 | $9,474 | $563,329 | $175,174 | $388,155 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $3,850,000 | -- | $524 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25176484
APN: 404-096-10
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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