120 E Pine St

Santa Ana, CA 92701

$3,850,000
Price
1
Bed
14
Baths
7,350 Sq. Ft.
$524 / Sq. Ft.
7,350
Sq. Ft.
$524
per Sq. Ft.
a backyard of a house with lots of green space
a view of balcony with furniture and a potted plant
a view of a house with a yard
a view of porch with wooden floor
a kitchen with furniture a sink and a refrigerator
a front view of a house with a yard
a view of street with parked cars
a balcony with seating space
a front view of a house with garden
a backyard of a house
a view of a building with sitting area
a utility room with dryer and washer
a utility room with dryer and washer
a backyard of a house
a view of a car garage
a view of car parked in garage
a front view of a house

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!...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.
  1. Listed by Ruben Khorsandi • DRE #01085411 • Brokerage DRE #01906154 • Alliance Investment RE Group • 949-683-6662

Property Details for 120 East Pine Street

Parking Spaces Total
25
Private Pool
No
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7350
Assessor Parcel Number
404-096-10
Property Attached YN
true
LISTING UPDATED: 08/07/2025 07:29 AM

Property Details for 120 East Pine Street

StatusActive
MLS #OC25176484
Days on Market129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1971
Lot Size0.30 AC / 13,068 SF
CountyOrange County

Location

Listing Courtesy of Alliance Investment RE Group, Ruben Khorsandi, DRE #01085411
Add your commute

Building Information for 120 East Pine Street

Stories2Residences-Year Built1971Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$19,989 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,024

Property Taxes

$965

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 East Pine Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $317,844
  • Gross Scheduled Income: $317,844
  • Net Operating Income: $231,747
  • Laundry Income: $6,000
  • Other Income Description: RUBS income
  • Other Income 1: $7,500
  • Gross Multiplier: 12.4
  • Cap Rate: 6.02
Expense Details
  • Operating Expense: $86,097
  • Gardener Expense: $1,680
  • Fuel Expense: $0
  • Electric Expense: $2,800
  • Insurance Expense: $3,800
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $8,280
Tax / Assessment Info
  • Tax Block: E
  • Tax Tract Number: 134
  • Tax Census Tract: 746.01
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 10
  • Open Other Spaces Total: 10
  • Parking Garage Spaces: 0
  • Carport Spaces: 15
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 10
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $18,750
  • Unit Type Total Rent: $18,750
  • Unit Type Pro Forma: 23000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $6,612
  • Unit Type Total Rent: $6,612
  • Unit Type Pro Forma: 6612
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 14
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 120 East Pine Street

DateEvent & SourcePriceAppreciation
Aug 5, 2025

Listed (Active)

CLAW #OC25176484MR

$3,850,000—
Aug 5, 2025

Listed (Active)

CRMLS #OC25176484

$3,850,000—
DateEvent & SourcePrice
08/05/2025

Listed (Active)

CLAW #OC25176484MR

$3,850,000
08/05/2025

Listed (Active)

CRMLS #OC25176484

$3,850,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 East Pine Street

Taxable ValueLand$214,742Additions$475,817Total$690,559
Tax Record2025$11,575 ($965 / month)
Home Facts
Total Finished SqFt7,350 SqFtAbove Grade Finished SqFt7,350 SqFtLot Size13,122 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971CountyORANGEAPN404-096-10Fireplace TypeHas Fireplace

Schools near 120 East Pine Street

This home is within Santa Ana Unified School District.
Rating
School
Type
Grades
Distance
Martin R. Heninger Elementary School
Public - K to 8
Willard Intermediate School
Public - 6 to 8
Century High School
Public - 9 to 12
Edward B. Cole Academy
Charter - K to 5
Rating
School
Distance
Martin R. Heninger Elementary School
PublicK to 8

Willard Intermediate School
Public6 to 8

Century High School
Public9 to 12

Edward B. Cole Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 120 East Pine Street, Santa Ana, CA 92701

120 East Pine Street is a mixed use property for sale in Santa Ana, CA 92701. This property was listed for sale on August 5, 2025 by Alliance Investment RE Group, it's currently listed at $3,850,000. This listing's school district is Santa Ana Unified School District. Nearby schools include Martin R. Heninger Elementary School, Willard Intermediate School and Century High School. 120 East Pine Street is a 1-bed, 14-bath, 7,350 sqft mixed use property built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alliance Investment RE Group, Ruben Khorsandi, DRE #01085411

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.