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$21,000,000
518 E Pine St, Santa Ana, CA 92701
0 Beds
0 Baths
42,537 SqFt

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518 East Pine Street is a 63 unit multi-family property located in the City of Santa Ana, California. The property consists of 6 studio style units, 33 one bedroom / one bathroom units, and 24 two bedroom / two bathroom units. It was built in 1986 and features 42,537 of rentable space. This property offers amenities including gated vehicle and pedestrian access, subterranean parking, and a spacious interior courtyard. The courtyard provides modern seating areas throughout the complex including couches and lounge chairs. Apartment interiors are Updated with new paint, vinyl floors and modern fixtures. On-site laundry facilities are available for tenants. The property is in a strong rental location with easy access to major retail, educational, and employment opportunities. Close proximity to Downtown Santa Ana, The Santa Ana Zoo, and North-West College of Santa Ana. Commuter friendly location near I-5, CA-57 and CA-55. Tenants can walk to shops and restaurants.
  • Price:
  • $21,000,000
  • Square Footage:
  • 42,537
  • Acreage:
  • 0.56
  • Year Built:
  • 1986
  • Listing ID #:
  • PW22153165
  • Street Address:
  • 518 E Pine St
  • City:
  • Santa Ana
  • State:
  • California
  • Postal Code:
  • 92701
  • County:
  • Orange
  • Community:
  • Santa Ana South Of First
  • Subdivision:
  • Other (othr)
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Number Of Units:
  • 63
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 42537
  • Walls:
  • No Common Walls
  • Year Built:
  • 1986
  • Year Built Source:
  • Assessor
  • Annual Electric Expenses:
  • 2265
  • Annual Insurance Expenses:
  • 18600
  • Annual Trash Expenses:
  • 31000
  • Annual Water/Sewer Expenses:
  • 28047
  • Gross Income:
  • 1441536
  • Net Operating Income:
  • 856286
  • Operating Expense:
  • 545293
  • Approximate Lot Size Range Source:
  • Assessor
  • Lot Features:
  • 36-40 Units/Acre
  • Lot Size:
  • 24572
  • Lot Square Footage:
  • 24572
  • Community Features:
  • Urban
  • Days On Market:
  • 82
  • On Market Date:
  • 2022-07-12
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Cash To New Loan
  • Subdivision:
  • Other (othr)
  • Laundry:
  • Common Area
  • Garage Parking Spaces:
  • 95
  • Has Garage:
  • Yes
  • Parking Description:
  • Electric Gate, Garage, Gated
  • Parking Spaces:
  • 95
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Matthew Hoyt with Hoyt Real Estate
  • CACRMLS

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