120 E Pine St Santa Ana, CA 92701
Pacific Park NeighborhoodEstimated payment $21,661/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
- 13,068 Sq Ft 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 |
|---|---|---|---|---|
| 03/24/2026 03/24/26 | Price Changed | $3,848,000 | -0.1% | $524 / 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
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Ask me questions while you tour the home.