Seller's Agent in 2025
Randall Mycorn
R L M Equities
(949) 862-1020
1 in this area
32 Total Sales
415 W Pine St Santa Ana, CA 92701
Heninger Park Neighborhood
3
Beds
2
Baths
4,381
Sq Ft
6,970
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Level Lot
About This Home
As of August 2024415 West Pine Street is a 6-unit multifamily investment property located in Santa Ana, California. The property has a market CAP rate of 8.24% and a market GIM of 8.82 on market rents. 415 West Pine Street offers six multifamily units across three buildings, with attractive amenities including a private yard or deck (select units) and in-unit laundry hookups (select units). Additionally, the property offers surface and garage parking, a highly desirable amenity for renters. 415 West Pine Street offers new ownership the opportunity to diversify the unit mix and increase potential rental income through the development of an accessory dwelling unit (ADU) on the existing private yard. 415 West Pine Street is located in an optimal Santa Ana location, just south of Downtown Santa Ana and the plethora of retail, dining, and entertainment options along 4th Street. The property is situated just steps away from Heninger Elementary School and Santa Ana High School, providing an attractive draw for families looking to be in close proximity of educational centers. Additionally, the property is within walking distance to everyday needs at Downtown Plaza, a Food 4 Less anchored retail center. Furthermore, the property benefits from its close proximity to Interstate 5 and State Route 55, connecting residents to employment hubs throughout Southern California. Given its optimal Santa Ana location, the property offers an investor the ability to capture quality tenants seeking a convenient location with access to a wide variety of area amenities. This overall demand for well-located apartments will be a key driver in the continued growth at 415 West Pine Street.
Last Agent to Sell the Property
Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 05/21/2024
Last Buyer's Agent
Marcus & Millichap RE Invest Brokerage Phone: 714-713-9086 License #01451551 Listed on: 05/21/2024
Property Details
Home Type
- Apartment
Year Built
- Built in 1922
Lot Details
- 6,970 Sq Ft Lot
- No Common Walls
- Level Lot
Parking
- 3 Open Parking Spaces
- 4 Car Garage
Interior Spaces
- 4,381 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 7 / 5
- Tax Tract Number 332
- Assessor Parcel Number 39828110
- $1,545 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 6 Units
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,032
- Fuel Expense $2,032
- Insurance Expense $4,200
- Maintenance Expense $4,200
- Other Expense $5,745
- Trash Expense $2,032
- Water Sewer Expense $2,032
- New Taxes Expense $14,958
- Operating Expense $37,231
- Gross Income $90,084
- Net Operating Income $50,150
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
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | For Sale | $1,610,000 | +57.1% | $343 / Sq Ft |
| 08/02/2024 08/02/24 | Sold | $1,025,000 | -24.1% | $234 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/21/2024 05/21/24 | For Sale | $1,350,000 | -- | $308 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Randall Mycorn
-
Tyler Leeson
Seller's Agent in 2024
Tyler Leeson
Marcus & Millichap RE Invest
(949) 419-3200
4 in this area
144 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24103182
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
Nearby Homes
- 418 W Pine St
- 435 S Ross St
- 315 S Garnsey St
- 509 S Ross St
- 611 W 1st St Unit E101
- 600 W 3rd St Unit C207
- 600 W 3rd St Unit B211
- 600 W 3rd St Unit B206
- 515 S Van Ness Ave Unit 513
- 317 S Flower St
- 530 S Broadway
- 700 W 3rd St Unit A203
- 408 S Flower St
- 711 W 1st St Unit E105
- 253 N Bush St
- 508 S Orange Ave
- 913 W Bishop St
- 300 E Chestnut Ave Unit 301
- 306 E Chestnut Ave Unit F
- 935 W Bishop St