NOT LISTED FOR SALE
1 Bed
2 Baths
7,350 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: June 11, 2026

Last sale price $3,700,000 $503 Per Sq Ft

304 Days on Market

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Laundry Facilities

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Ruben Khorsandi

Alliance Investment RE Group Brokerage Phone: 949-683-6662 License #01085411 Listed on: 08/05/2025

Last Buyer's Agent

Alexander Duarte

First Team Real Estate License #01970077

First Team Real Estate
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.3 Acres

Listing Details

  • Standard Status: Closed
  • CapRate: 6.02
  • Property Attached: Yes
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1680.00
  • Parcel Number: 40409610
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 503.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 15.00
  • Total Parking Spaces: 25.00
  • Uncovered Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Multi Family

  • Electric Expense: 2800.00
  • Gross Income: 317844.00
  • Gross Multiplier: 12.40
  • Gross Scheduled Income: 317844.00
  • Insurance Expense: 3800.00
  • Laundry Income: 6000.00
  • Lot Size Area: 13068.0000 Square Feet
  • Net Operating Income: 231747.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 86097.00
  • Other Income1: 7500.00
  • Other Income Description: RUBS income
  • Rent Control: Yes
  • Total Actual Rent: 25362.00
  • Total Expenses: 8280.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 746.01
  • Tax Lot: 10
  • Tax Tract Number: 134
  • TaxOtherAnnualAssessmentAmount: 3715.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pacific Park, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg National Title Company
Chung Thuy -- Wfg National Title Company
Nguyen Duc $3,700,000 Wfg National Title Company
Malki Michael Anton -- None Available
Malki Michael A -- United Title Company
Malki Michael A -- --
Building Block Investments -- --
Building Block Investments Pine Llc -- --
Malki Michael A -- First American Title Ins Co
Malki Michael A -- Fidelity National Title
Malki Michael A -- North American Title Co
Camarillo Samuel J $415,000 Investors Title Company
American Svgs Bank F A $363,152 Old Republic Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,030,000
Previous Owner Maliki Michael A $1,106,250
Previous Owner Malki Michael A $1,050,000
Previous Owner Malki Michael A $594,500
Previous Owner Malki Michael A $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/11/2026 06/11/26 Sold $3,700,000 -3.8% $503 / Sq Ft
06/05/2026 06/05/26 Pending -- -- --
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)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,575 $704,370 $219,037 $485,333
2025 $11,575 $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
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25176484

California Regional Multiple Listing Service (CRMLS)

APN: 404-096-10

Your Personal Tour Guide

Ask me questions while you tour the home.