311 E Pine Street
Santa Ana, CA 92701
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1987 build
- – on site
More homes
The Park Town Luxury Townhomes are located in the City of Santa Ana, one of the strongest rental markets in Southern California. The City of Santa Ana is a historic city with a vibrant downtown located in Orange County. Built in 1987, the subject property offers a unit mix consisting of (6) three-bedroom/ two-bathroom units and (13) two-bedroom/ two-bathroom townhouse-style units totaling 20,525 square feet, situated over a 17,493 square foot lot. The subject property has recently gone through an extensive $350K exterior and interior renovation. Some upgrades include but are not limited to new roofs, new flooring, new kitchens, updated bathrooms, new windows, new plumbing, and new decking. Some tenant amenities include a large courtyard, gated security access, ample on-site subterranean parking, elevator access, and in-unit washer & dryer hookups. This offering represents a rare opportunity for an investor to achieve a 4.6% CAP Rate and 8% Total Return on current income for a stable, turnkey investment property in the desirable rental market of Santa Ana, California.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 25, 2023
•
MLS# OC21178404 —
The Building
-
Year Built:1987
-
Year Built Source:Public Records
-
New Construction:No
-
Building Area Total:20525.00
-
Building Area Units:Square Feet
-
Total Number Of Units:19
-
# of Buildings:1
-
Common Walls:No Common Walls
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:19
Interior
-
Laundry:Electric Dryer Hookup, Washer Hookup
-
Laundry:1
Location
-
Directions:Please do not disturb tenants. Make all offers subject to inspection. DRIVE BY ONLY
-
Latitude:33.74368500
-
Longitude:-117.86422500
The Property
-
Property Type:Residential Income
-
Lot Features:Near Public Transit
-
Lot Size Area:17490.0000
-
Lot Size Acres:0.4015
-
Lot Size SqFt:17490.00
-
Lot Size Source:Public Records
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Census Tract:750.02
-
Tax Tract:11772
-
Tax Lot:1
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:40409319
Utilities
-
Sewer:Public Sewer
-
Water Source:Public
The Community
-
Features:Sidewalks, Storm Drains, Street Lights
-
Pool:None
-
Senior Community:No
-
Private Pool:No
Parking
-
Parking:Yes
-
Parking:Subterranean
-
Parking Spaces:40.00
-
Garage Spaces:40.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/19/21
Nov 19, 2021
|
Sold | CRMLS_CA | $7,500,000 | -0.3% |
|
9/1/21
Sep 1, 2021
|
Pending | CRMLS_CA | $7,525,000 | |
|
8/12/21
Aug 12, 2021
|
Listed / Active | CRMLS_CA | $7,525,000 |
