Listed by Nickolas White•DRE #01767819• Seven Gables Real Estate
Contact: 714-608-1009
For sale
$1,689,000
Est. $11,172/mo —
8
bd
•
6 ba
•
4,671
sq ft
620 E Pine, Santa Ana, CA 92701
About this home
Multifamily 6 unit apartment complex in Santa Ana. 2 units are 2 bedrooms and 1 bathroom, 4 units are 1 bedroom and 1 bathroom. Each unit has a private patio/deck. Gated parking in back of the building, with electronic access. Each 1 bedroom unit gets one space and the 2 bedrooms get 2 spots. Laundry room has 2 washers and 2 dryers. Great location close to freeways and downtown Santa Ana dining and entertainment district.
Pacific Park, located between W 1st St and W 5th St, is a residential and civic Santa Ana neighborhood with a grid of older streets and pocket parks. The neighborhood’s character concentrates around the activity at W 1st St and N Fairview St, where small storefronts, taquerias, and everyday services set a steady street rhythm. Housing leans toward mid-century single-story homes and low-rise apartments with mature shade trees and front-yard landscaping. Pacific Electric Park and nearby school grounds give the area a grounded, outdoorsy cadence. Santa Ana College and its arts programming add a cultural throughline. Downtown Santa Ana’s galleries and performance spaces sit a short drive east for nights out.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Two-level building
Ground-level entry
Bedrooms
Six rental units (individual unit bedroom counts listed in unit details)
Bathrooms
Each unit includes one full bathroom
Kitchen
Gas range in units
One unit includes a refrigerator (1 of 6 units)
Laundry & utility
On-site laundry (leased equipment)
Laundry room and community laundry area
Laundry generates income
Heating & cooling
Wall heaters
Wall/window cooling units
Exterior features
Front yard
Block wall fencing
No pool
Home design
Multi-unit property (6 units) in a single building
Two stories
Parking
Total of 8 parking spaces
Covered, private parking with controlled entrance
Most units have attached garages (five units with 1-car garages, two units with 2-car garages as shown in unit details)
Construction
Composition roof
Concrete slab foundation
Built year sourced from assessor
Utilities
Public sewer
District/public water
Natural gas connected
Electricity connected
Multiple separate meters: 7 gas meters, 7 electric meters, 1 water meter
HOA & community
Sidewalks in the community
Financial info
Six leased units
Gross scheduled/gross operating income listed equally
Gross income approximately $146,964
Net operating income approximately $109,321
Gross multiplier 11.49
Total building area reported
Operating expenses and line items provided (insurance, trash, utilities, gardener, fuel)
Laundry income reported
Other
Units are unfurnished
Some tenant-paid utilities: gas and electricity
Property is rent controlled
Electricity and solar
View estimated energy costs and solar savings for this home
Great Opportunity to own a Six-unit multifamily apartment complex, in Santa Ana. This complex has low turnover and produces immediate cash flow, perfect for new investors. Featuring 2 spacious 2-bed /1 bath units, and 4, 1-bed /1 bath units, each unit has it's own private patio. On-site laundry facility, and Tuck-under gated parking with a secure electronic security gate. Walking distance to recently renovated Santa Ana Historic District, featuring restaurants, entertainment, shopping, easy access to public transit and schools. Close proximity to the 5 & 55 freeways, employment, area shopping malls, and just a few miles to the City of Tustin, makes this an ideal location for renters. This is an opportunity you won't want to miss.
SDMLS #301785091
Apr 16, 2015
Sold
$950,000
$203/sq ft
Feb 16, 2015
Listed
$974,000
$209/sq ft
CRMLS #PW15033467
May 2, 2015
Listing Removed
—
Apr 16, 2015
Sold
$950,000
$203/sq ft
Mar 23, 2015
Pending
—
Mar 9, 2015
Contingent
—
Feb 16, 2015
Listed
$974,000
$209/sq ft
Excellent Investment Opportunity. High Rental Demand Area, Fully Occupied. Property is conveniently located near 5 and 55 freeways. Spacious units, all have Tile flooring through out except bedrooms have carpets. 2 units have large patios in the rear as well as in the front of the units, 2 units have balconies and the other 2 units have very large patios and have high ceilings. There are 6 assigned spaces plus an extra space in a gated garage. The garage has brand new Gate with remote controls. There are also ample street parking. On Site Laundry room has 4 coin operated machines.
CRMLS #P694086
Feb 12, 2010
Listing Removed
—
Jul 6, 2009
Listed
$748,000
$160/sq ft
Public Records
Nov 21, 2003
Sold
$533,000
$114/sq ft
Public Records
Aug 28, 2000
Sold
$297,000
$64/sq ft
CRMLS #P189540
Aug 25, 2000
Sold
$300,000
$64/sq ft
May 23, 2000
Listed
$300,000
$64/sq ft
Public Records
Mar 14, 1989
Sold
$365,000
$78/sq ft
Public Records
Mar 2, 1982
Sold
$240,000
$51/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$23,634 (+2.7%)
$1,591,812 + $371,422
$1,963,234
2024
$23,020 (+2.5%)
$1,591,812 + $371,422
$1,963,234
2023
$22,452 (+1.0%)
$1,560,600 + $364,140
$1,924,740
2022
$22,221 (+67.8%)
$1,530,000 + $357,000
$1,887,000
2021
$13,240 (−0.1%)
$1,500,000 + $350,000
$1,850,000
2020
$13,259 (+1.9%)
$555,162 + $499,643
$1,054,805
2019
$13,011 (+3.9%)
$549,470 + $494,520
$1,043,990
2018
$12,528 (+0.9%)
$538,696 + $484,824
$1,023,520
2017
$12,421 (+2.0%)
$517,777 + $465,999
$983,776
2016
$12,179 (+44.2%)
$517,777 + $465,999
$983,776
2015
$8,447 (+1.8%)
$507,625 + $456,862
$964,487
2014
$8,299 (+1.7%)
$346,219 + $271,966
$618,185
2013
$8,157 (+2.2%)
$346,219 + $271,966
$618,185
2012
$7,982 (+3.7%)
$344,655 + $270,737
$615,392
2011
$7,697 (+1.9%)
$337,897 + $265,429
$603,326
2010
$7,553 (+1.2%)
$331,272 + $260,225
$591,497
2009
$7,464 (+6.9%)
$328,796 + $258,281
$587,077
2008
$6,984
$329,578 + $258,895
$588,473
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Other
County
Orange County
APN
40407503
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 19, 2026.
R3
Medium-Density Multiple-Family Residence District
The purpose of this division is to regulate the development of land for multiple-family residential purposes in the city. It is the intent of this division to set forth standards for the development of superior quality multiple-family housing development in a setting which is sensitive to the impacts on adjacent properties. It is further the intent of this division to create housing development which will be of such utility and function that it will remain liveable and usable for an extended period of years. It is also the intent of this division to provide functional and nonmonotonous orientation of buildings with a maximum of usable open space around each.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Housing-Senior
Agriculture-Cropland
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