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120 E Pine St
For Sale $3,850,000
$3,850,000
- 14 Units
- Unknown Sq Ft
- 13,068 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,850,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1971 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 40409610 |
| MLS # | OC25176484 |
| Property ID | 322049201 |
| Lot Sqft | 13,068 |
| Zoning | R3 |
| Total Units | 14 |
| Days on Market | 180 |
| Original List Price | $3,850,000 |
| Date Updated | December 24, 2025 |
| Date Created | August 05, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $25,362 | $0 |
| Net Income (Yr) | $ 231,747 |
| Cap Rate | 6.02% |
Listing Provided By
Ruben Khorsandi an agent of . Lic #01085411
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 24, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT