415 W Pine, Santa Ana, CA, CA 92701

$1,879,000

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List Price
$1,879,000
Status
ACTIVE
MLS#
NP26166053
County
Orange
Year Built
1921
Building Square Feet
4,200
Square Feet
6,970
Days on Market
5
Property Type
Multifamily

Property Description

Brand new roofing on all structures! 6 Units in the heart of Santa Ana. Located walking distance from multiple schools, parks, OC Civic Center and Historic Downtown Santa Ana! The Pine Apartments offer an investor STRONG in place cashflow, low maintenance renovated property condition, and low expense operations. All new tenants are on RUBS program, generating extra cashflow. The building contains one and two bedroom floor plans, including cottage style units with no shared walls. Other amenities include: washer/dryer hookups, AC and Heating, Garage and Reserved parking, large private patios, dual pane windows, brand new kitchens and bathrooms, vinyl flooring, and private front and rear entries. The buildings also has a massive basement that is currently unused and unrented!

Additional Information

Parcel Number
39828110
Rent Control
Yes
Gross Scheduled Income
$171,549
Operating Expense
46149
Net Operating Income
$120,344
Number of Buildings
3
Lot Features
11-15 Units/Acre
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public
Community Features
Suburban

Listing courtesy of Listing Agent: Randall Mycorn (randall@rlmequities.com) from Listing Office: R L M Equities.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.