$3,848,000
-$1,000120 E Pine Street, Santa Ana CA 92701
Multi-Family (14 Units)
Property type
304 days
On market
$524
Price per sqft
0 cars
Garage
1971
Year built
13,068 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Ruben Khorsandi DRE #01085411, Alliance Investment RE Group
Listing updated: Mar 24, 2026 at 06:12pm.
Last checked: Jun 5, 2026 at 01:30am
Source: CRMLS #OC25176484
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 10 | 1 | 1 | — | $18,750 | $18,750 | $23,000 | Unfurnished |
| 4 | 0 | 1 | — | $6,612 | $6,612 | $6,612 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Separate Electric Meters: 14
Separate Gas Meters: 0
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 14
Total Actual Rent: $25,362
Financial Snapshot
Gross Rent Multiplier
12.1x
List Price / Annual Gross Rent
Cap Rate
6.02%
NOI / List Price
Gross Scheduled Income: $317,844
Operating Expense: $86,097
Net Operating Income: $231,747
Annual Operating Expenses
Electric: $2,800
Gardener: $1,680
Fuel: $0
Insurance: $3,800
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 10
Carport Spaces: 15
Parking Total: 25
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 40409610
Additional Parcels: No
Tax Lot: 10
Zoning: R3
Tax Block: E
Subdivision: Other
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 120 E Pine Street, Santa Ana, CA 92701. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,078,400
Total Interest
$3,926,330
Total Payment
$7,004,730
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$23,616
per month
Property History for 120 E Pine Street
Santa Ana Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92701.
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