$6,215,000
$6,570,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
0.43 Acres Lot
SOLD DATE : 09/27/2022
Key Details
Sold Price $6,215,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22128111
Sold Date 09/27/22
HOA Y/N No
Year Built 1982
Lot Size 0.430 Acres
Property Description
502 East Pine Street is an 18-unit multifamily investment property located in Santa Ana, CA. Built in 1982, 502 East Pine Street offers a desirable unit mix consisting of 3, 2 bed/1.5 bath units, 10, 2 bed/1.5 bath townhomes, and 5, 3 bed/2 bath units. Amenities include controlled access, private patios or balconies, elevator service, a gated subterranean parking garage, and on-site laundry. 502 East Pine Street has an excellent central Santa Ana location, situated less than 0.50 miles from Downtown Santa Ana and the bustling 4th Street Market. The property is also located less than 1.75 miles from Santa Ana College, which has an annual enrollment of over 27,000 students and employs over 3,500 staff members, placing residents in close proximity to a major employment and housing driver. Furthermore, 502 East Pine Street is positioned just under 1 mile from Interstate 5, providing residents with easy access to employment hubs throughout Orange and Los Angeles Counties.
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Interior Features Elevator
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs, Sidewalks
Private Pool No
Building
Lot Description Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 93531198
Energy Description 7406.0
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Matthew Hoyt • Hoyt Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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