Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    120 E Pine St Santa Ana, CA 92701

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,850,000

    14-unit apartment building in high-demand Santa Ana rental area.

    Lot size:
    0.30 Acres

    Property Features for 120 E Pine St

    General Information

    Lot size
    0.30 Acres

    Building Details

    Year built
    1971

    Source: Alliance Investment RE Group Agent Ruben Khorsandi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Santa Ana Multifamily Investment Opportunity

    The Pine Apartments, located in a high-demand rental area of Santa Ana, features 14 units with patios and balconies. The property is individually metered for electricity, with tenants responsible for their usage, and has no gas. The roof is approximately 10 years old. Ample parking is available, including carports and street parking. The property includes an on-site laundry room that is owned and has copper plumbing. The majority of the units have been upgraded. Planned upgrades in 2025 include new stucco, paint, windows, and landscaping. This property is positioned as a potential investment opportunity for a passive investor seeking a turnkey property with cash flow.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.8667209
    Latitude
    33.743161

    Nearby Similar for Sale

    • $1,099,900
      1,722 SF

      Remodeled Home with Separate ADU

      Remodeled home with ADU, ideal for rental income or living.
      408 S Flower St, Santa Ana, CA 92703
      View Details
    • $1,590,000
      3,043 SF

      Santa Ana Income Property

      Turnkey investment property with strong income potential in Santa Ana.
      1003 W Myrtle St, Santa Ana, CA 92703
      View Details
    • $1,900,000
      3,404 SF

      Santa Ana Multifamily Investment Property

      Four-unit multifamily property with new ADU in Santa Ana.
      308 S Laurel St, Santa Ana, CA 92704
      View Details
    • $1,299,000
      1,695 SF

      Santa Ana Multifamily Investment Property

      Well-maintained, fully leased 4-unit property in a high-demand Santa Ana location.
      825 S Shelton St, Santa Ana, CA 92703
      View Details
    • $1,725,000
      4,553 SF

      Santa Ana Fourplex in Metro Area

      Four-unit property near South Coast Plaza in Santa Ana.
      2619 W Aurora St, Santa Ana, CA 92704
      View Details
    • $1,995,000
      5,880 SF

      Santa Ana Fourplex Pair

      Value-add opportunity in Santa Ana's French Park neighborhood.
      833 N Lacy St, Santa Ana, CA 92701
      View Details

    FAQs

    What type of property is this?
    Apartment building - 14-unit apartment building in high-demand Santa Ana rental area.
    Where is this apartment building located?
    The property is located at 120 E Pine St Santa Ana, CA.
    What is the asking price?
    The asking price for this property is $3,850,000.
    What are key features of this property?
    This property features: - Extensive renovations completed in 2025: stucco, paint, windows, and landscaping.; - Turnkey property in a high-demand rental area of Santa Ana.; - Individually metered for electric (tenant responsibility) and no gas.
    (949) 250-0400
    Request Owner's contact information
    120 E Pine St Santa Ana, CA 92701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 E Pine St
    Santa Ana, CA 92701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 E Pine St Santa Ana, CA 92701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.