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518 E Pine St
Santa Ana, CA 92701
Park Midrise · Multifamily Property For Sale
·
63 Units
PROPERTY FACTS
| No. Units | 63 | Building Size | 42,537 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1986/2021 |
| Building Class | B | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 0.59 AC | ||
| Zoning | MF - Multi-Family | ||
| No. Units | 63 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.59 AC |
| Building Size | 42,537 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1986/2021 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | MF - Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Kitchen
- Granite Countertops
- Range
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Gated
- Gas Range
- Elevator
- Maintenance on site
- Online Services
- Smoke Detector
ABOUT 518 E PINE ST , SANTA ANA, CA 92701
We are pleased to present 518 East Pine Street, a sixty-three unit multi-family property located in the City of Santa Ana, California. Situated on a 42,537 square foot lot, the property consists of 6 studio style units, 33 one bedroom / one bathroom units, and 24 two bedroom / two bathroom units. Built in 1986, the property offers amenities including gated vehicle and pedestrian access, subterranean parking, and a spacious interior courtyard. The courtyard provides attractive seating areas throughout the complex including new couches and lounge chairs. Exterior upgrades include new paint, and a sign, flag, and landscape package. Interior upgrades include new fixtures, lights, paint, and vinyl flooring. The property has an on-site laundry facility with gated entrance for both pedestrians and vehicles. The property is in a strong rental location right near major retail, educational, and employment opportunities. Close by are Downtown Santa Ana, The Santa Ana Zoo, and North-West College of Santa Ana.The property is in close proximity to the I-5 and CA-57 Freeways, which allow tenants to connect with the greater California region and beyond.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | $1,258 | 453 |
| 1+1 | 33 | $1,473 | 603 |
| 2+2 | 24 | $1,795 | 830 |
PROPERTY TAXES
| Parcel Number | 404-082-22 | Improvements Assessment | $7,808,631 |
| Land Assessment | $11,266,743 | Total Assessment | $19,075,374 |
PROPERTY TAXES
