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Listed by Ruben Khorsandi • Alliance Investment RE Group
$ 3,850,000
Est. payment | /mo
7,350 SqFt
$ 3,850,000
Est. payment | /mo
7,350 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 7,350 sqft
Price per Sqft $523
MLS Listing ID OC-25176484
Year Built 1971
Lot Size 0.300 Acres
Property Sub-Type Commercial/Residential
Property Description
Alliance Investment Real Estate Group, as the exclusive listing agent, is pleased to present the Pine Apartments consisting of 14 Units (with patios & balconies) in a high demand rental area of Santa Ana. This is a PRIDE OF OWNERSHIP property that is always 100% occupied with strong rents in place and additional rental upside for a new investor to take advantage of. 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. NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE SPEAKING WITH THE LISTING OFFICE FIRST!!! PLEASE DO NOT WALK ONTO THE PROPERTY OR TALK TO ANY OF THE TENANTS SINCE THEY ARE NOT AWARE THIS PROPERTY IS FOR SALE. THANK YOU.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Zoning R3
Interior
Laundry Community
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Gutters, Sidewalks, Street Lights
Building
Lot Description 11-15 Units/Acre
Sewer Public Sewer
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114