$2,900,000
409 E Pine Street, Santa Ana, CA 92701
- 8,628 sq ft
- Built 1983
$2,975,000
Subdivision Henninger Park/Eastside
The home
About 409 E Pine Street
409-415 E. Pine Street is a 12-unit multifamily property located in Santa Ana, CA, offering investors an opportunity to acquire a well-located Orange County asset. Built in 1983, the property consists of two contiguous parcels totaling 8,628 square feet of rentable area situated on a 14,000 square foot lot.
The community features a desirable unit mix of four 1BR/1BA units and eight 2BR/1BA units, along with amenities including on-site laundry, gated entry, individual water heaters, and patios/balconies in select units. Recent capital improvements include roof restoration, HVAC replacements, water heater replacement, and interior updates to select units.
The property is offered at a 6% CAP Rate on current income with 25% rental upside, providing investors with additional growth potential through continued upgrades, turnover, and rent increases.
Property details for 409 E Pine Street
This apartment sits in the Henninger Park/Eastside neighborhood of Santa Ana in Orange County. It offers 8,628 square feet of living space and is listed at $2,975,000, about $345 per square foot. The home was built in 1983. The MLS record lists the assessor parcel number as 404-086-09. Highlights include air conditioning and traditional architecture. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,975,000
- Days On Site
- New Today
- Bedrooms
- N/A
- Inside Area (SqFt)
- 8,628 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1983
- MLS® Number
- PW26219394
- Status
- Active
- Property Tax
- $33,305 annually
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Apartment
- MLS Number
- PW26219394
- Year Built
- 1983
- Lot Size (sq ft)
- 14,000
- Lot Size (acres)
- 0.3214
- Levels
- Two
- Parking Spaces
- 12
- View
- None
- Annual Taxes
- $33,305
- Parcel Number
- 40408609
- On Market Date
- 2026-10-08
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony
- Appliances
- Electric Range, Gas Range, Water Heater
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- Common Area, Laundry Room
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
- Windows
- Blinds
- Accessibility
- Parking
- Rooms
- Kitchen
Exterior Features
- Architectural Style
- Traditional
- Roof
- Composition, Flat, Spanish Tile
- Construction
- Frame, Stucco, Wood Siding
- Foundation
- Slab
- Lot Features
- Thirty Six To Forty Units Acre, Landscaped, Rectangular Lot
- Parking
- Assigned, Concrete, Carport, Community Structure
- Fencing
- Chain Link, Fair Condition
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Units
- 12
Community Features
- Subdivision
- Henninger Park/Eastside
- Community Features
- Gutters, Storm Drains, Street Lights, Suburban, Sidewalks
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 409 E Pine Street
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 8, 2026 | Listed for sale | $2,975,000 | |
| Aug 26, 2020 | Sold | $3,100,000 | Morgan Skenderian |
| May 6, 2014 | Sold | $949,000 | Pat Swanson |
Cost of ownership
Estimated monthly payment
7.28% · 30-yr fixed$
$23,130/mo
10% down · 30-year fixed · $297,500 down
Principal & interest$18,320
Mortgage insurance (est., over 80% LTV)$1,116
Property tax (est. county typical)$2,826
Home insurance (rough est., varies widely)$868
HOANot reported, not included
$19,978/mo
20% down · 30-year fixed · $595,000 down
Principal & interest$16,284
Property tax (est. county typical)$2,826
Home insurance (rough est., varies widely)$868
HOANot reported, not included
$17,943/mo
30% down · 30-year fixed · $892,500 down
Principal & interest$14,249
Property tax (est. county typical)$2,826
Home insurance (rough est., varies widely)$868
HOANot reported, not included
Estimated carrying cost
$3,694/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$2,826
Home insurance (rough est., varies widely)$868
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 409 E Pine Street
Want to see 409 E Pine Street in person? We have guided buyers through Henninger Park/Eastside and the wider Santa Ana market since 1983. Call to arrange a private tour, or send a note and we'll follow up.
Selling near 409 E Pine Street
Thinking of selling nearby? We bring current Henninger Park/Eastside sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
Location
Location
Photographs
Photos of 409 E Pine Street, Santa Ana
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Listed by Garrett Blair of Morgan Skenderian
Listing information updated Oct 8, 2026 at 2:23 PM PT. Source: CRMLS.
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. The 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, the 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.