3510 & 3512 W Pine Street, Santa Ana, California 92704, Santa Ana, - bed, bath

home-pic
ACTIVE$899,000
3510 & 3512 W Pine Street, Santa Ana, California 92704
0Bed
0Bath
1,658Sqft
6,098Lot
Year Built
1962
Close
-
List price
$899K
Original List price
$890K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25130279
Home ConditionFair
Features
View-

About this home

GREAT INVESTMENT OPPORTUNITY TO OWN THIS GREAT SIDE-BY-SIDE DUPLEX ON A 6,098 SQFT. LOT WITH LONG-TERM TENANTS IN PLACE! THE PROPERTY HAS BEEN MODERATELY UPGRADED IN THE PAST YEARS AND A NEW ROOF IS BEING REPLACED. TENANTS IN BOTH UNITS ARE MAKING RENT PAYMENT VIA DIRECT DEPOSIT TO THE OWNER’S ACCOUNTS. EACH UNIT FEATURES 2 BEDROOMS AND 1 BATHROOM, PROVIDES A COMFORTABLE LIVING SPACE AND FUNCTIONAL KITCHEN AND BATHROOM WITH SEPARATE ENTRANCE AND UTILITIES EXCEPT WATER. LOCATED IN A DESIRABLE AREA WITH EASY ACCESS TO AMENITIES AND TRANSPORT, THIS DUPLEX REPRESENTS EXCELLENT VALUE FOR A SAVVY BUYER.

Price History

Date
Event
Price
09/26/25
Price Change
$899,000+1.0%
08/19/25
Listing
$890,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds00
Baths00
Square foot1,6582,000
44%
Lot Size6,0986,970
44%
Price$899K$971K
33%
Price per square foot$542$519
56%
Built year19621962
50%
HOA
Days on market77177
22%
Condition Rating
Fair

Built in 1962, this property is over 60 years old. While the description notes 'moderately upgraded in the past years' and a new roof is being installed, the images reveal a mix of conditions. One unit features newer laminate flooring, but the other has older ceramic tile. Visible window AC units indicate a lack of central cooling, and light fixtures are basic and dated. Without direct views of the kitchens and bathrooms, their 'functional' description, combined with the property's age and other visible elements, suggests they are likely dated rather than recently renovated. The property appears maintained and livable, but requires minor updates to meet current aesthetic and comfort standards, aligning with the 'Fair' category.
Pros & Cons

Pros

Strong Investment Potential: The property is explicitly marketed as a 'GREAT INVESTMENT OPPORTUNITY' and 'EXCELLENT VALUE FOR A SAVVY BUYER' due to its income-generating duplex configuration.
Guaranteed Income & Stable Tenancy: Features long-term tenants who consistently pay rent via direct deposit, ensuring immediate and reliable cash flow for the new owner.
Significant Capital Improvement: A new roof is currently being replaced, which is a major upgrade that reduces future capital expenditures and enhances property value.
Functional & Independent Units: Each unit provides 2 bedrooms, 1 bathroom, separate entrances, and individual utilities (except water), offering tenant privacy and ease of management.
Desirable Location: Situated in a desirable area with convenient access to amenities and transportation, contributing to strong rental demand and potential property appreciation.

Cons

Property Age: Built in 1962, the property is over 60 years old, which may indicate aging infrastructure (e.g., plumbing, electrical) that could require future significant repairs or upgrades beyond the new roof.
Shared Water Utility: The owner is responsible for the water bill as utilities are separate 'except water,' leading to an ongoing, potentially variable expense and less incentive for tenants to conserve water.
Moderate Upgrades Only: Described as 'moderately upgraded,' implying that while some improvements have been made, the property may not be fully modernized and could benefit from further aesthetic or system updates to maximize rental income or appeal.

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