311-313 E Pine St | Santa Ana, CA 92701
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
311-313 E Pine St
Santa Ana, CA 92701
Park Town Townhomes · Multifamily Property For Sale · 19 Units
Investment Highlights
- 4.6% CAP Rate, 14 GRM and 8% Total Return on Current Income
- Highly Desirable Unit Mix Consisting of Very Large Three and Two-Bedroom Townhouse Units / In-Unit Washer & Dryer Hookups, Individual Water Heater
- Secured Large Interior Courtyard & Elevator-Access / Separately Metered and RUBS Program in Place
- Newer Construction / Built in 1987 with Over $350K in Recent Renovations / Upgrades of Interiors & Exterior
- Ample On-Site Gated Subterranean Parking (40 Spaces) / Gated Entrance with Call Box, Security Camera System and Fire Alarm Sprinklers
- Within Walking Distance to the Trendy Artist Village, Historic District, Shops, Restaurants, & Downtown Business District
PROPERTY FACTS
| No. Units | 19 | Building Size | 20,525 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1987/2021 |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 0.40 AC |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 20,525 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1987/2021 |
| Parking Ratio | 2.05/1,000 SF |
Unit Amenities
- Balcony
- Washer/Dryer Hookup
Site Amenities
- Controlled Access
- Courtyard
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 13 | $2,073 | - |
| 3+2 | 6 | $2,375 | - |
PROPERTY TAXES
| Parcel Number | 404-093-19 | Improvements Assessment | $2,550,000 |
| Land Assessment | $5,100,000 | Total Assessment | $7,650,000 |
PROPERTY TAXES
Parcel Number
404-093-19
Land Assessment
$5,100,000
Improvements Assessment
$2,550,000
Total Assessment
$7,650,000
zoning
| Zoning Code | R3, Santa Ana |
| R3, Santa Ana |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
