$1,350,000
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415 W Pine Street, Santa Ana, CA 92701

- Beds
0 Baths
4,381 Sq Ft

415 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.

  • MLS# OC24103182
  • Date Listed05/21/2024
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.16 acres (6,970 sq. ft)
  • Sewer Public Sewer
  • Subdivision ,Heningers
  • Property Type Apartment
  • County Orange
  • Year Built 1922
  • Water Public
  • Square Feet 4,381 sq. ft
  • Price Per Sq. Ft $308.15

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.16
  • Lot Size SQFT 6,969.60
  • Lot Features -

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92701

Source: Walkscore

90/100

Walker's Paradise

Walk Score ®

49/100

Some Transit

Transit Score ®

62/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

8 nearby routes: 8 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 61/100, Transit Score: 42/100, Bike Score: 60/100.

Property Change History

Points of Interest near 415 W Pine Street, Santa Ana, CA 92701

Frequently Asked Questions for 415 W Pine Street

Source: Realty.com

415 W Pine Street, Santa Ana, CA 92701 is a Apartment, Residential Income property listed for $1,350,000 The property is 4381 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 13 photos of 415 W Pine Street.

Our records indicate that 415 W Pine Street was built in 1922.

The full address for this home is 415 W Pine Street, Santa Ana, CA 92701.

415 W Pine Street has been listed on Realty.com since Tue May 21, 2024

Daily errands do not require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 61/100, Transit Score: 42/100, Bike Score: 60/100.

There are 3 schools assigned to this home. Check out the schools near 415 W Pine Street. Martin R. Heninger Elementary School (Grades: PK - 8), Orange County School Of The Arts (Grades: 7 - 12), Santa Ana Unified Adult Transition (Grades: 9 - 12)

Listing provided courtesy of: Marcus & Millichap Re Invest (tel: 949-419-3200)
Listing agent: Tyler Leeson (tel: 714-713-9086) (#OCLEESTYL)

This content last refreshed on 2025-11-25 12:24:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 415 W Pine Street, Santa Ana, CA 92701 : MLS# OC24103182