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926 E Pine, Santa Ana, California 92701, Santa Ana, - bed, bath

home-pic
ACTIVE$1,150,000
926 E Pine, Santa Ana, California 92701
0Bed
0Bath
1,628Sqft
6,970Lot
Year Built
1912
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW25240942
Home ConditionGood
Features
Patio
View-

About this home

Rare Opportunity...First Time Available In Nearly 40 Years!!! Two SFR Homes On One Lot - Both Homes Currently Leased (Month-To Month Rental Agreements). Unit #1 - 926 Pine Street Is A 658 sq/ft 3 Bed / 1 Bath Home w/ Dethatched 1 Car Oversized Garage + Separate Storage Area - Picket Fence Gated Lush Front Yard w/ Multiple Mature Producing Fruit Trees. Unit #2 - 308 Minnie Street Is A 970 sq/ft 3 Bed / 1 Bath + Den/Office Space (Could Be Bedroom 4) w/ Large Gated Parking Area To Accommodate 3+ Vehicles. Both Homes Have Recent Updates Including Electrical / Plumbing / Windows / Paint / Flooring / Kitchens / Baths...Great Turnkey Opportunity!!! This Property Has Commercial / Apartment Zoning With Multiple Future Use Potentials. Conveniently Close To Everything Location...Walk To Highly Ranked Santa Ana Schools, Nearby Public Transportation, Freeways, Shopping & Entertainment + Too Much More To List. Put These HOMES At The TOP Of You TO SEE LIST...You Will Not Be Disappointed!!!

Price History

Date
Event
Price
10/16/25
Listing
$1,150,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (22 Listings)
Beds03
Baths02
Square foot1,6281,488
57%
Lot Size6,9706,250
74%
Price$1.15M$903K
87%
Price per square foot$706$636
74%
Built year19121954
17%
HOA
Days on market19151
4%
Condition Rating
Good
Despite being built in 1912, the property has undergone significant recent renovations, including updated electrical, plumbing, windows, paint, flooring, kitchens, and bathrooms. The kitchen features modern white shaker cabinets, dark countertops, subway tile backsplash, and stainless steel appliances. The bathroom also shows modern fixtures and tiling. The flooring throughout appears new and well-maintained. While these updates make the home move-in ready and highly functional, the presence of a window AC unit (suggesting no central HVAC) and the underlying 1912 structure prevent it from reaching an 'Excellent' score, which implies virtually new components throughout. It fits the 'Good' criteria as extensively renovated within the last 5-15 years, offering a well-maintained and updated living space.
Pros & Cons

Pros

Multi-Unit Income Property: Features two separate single-family residences on one lot, both currently leased on month-to-month agreements, providing immediate rental income and investment flexibility.
Significant Zoning Potential: The property boasts Commercial/Apartment zoning, offering substantial future use potential for redevelopment, increased density, or diverse commercial applications.
Extensive Recent Updates: Both homes have undergone recent comprehensive updates including electrical, plumbing, windows, paint, flooring, kitchens, and baths, presenting a largely turnkey opportunity.
Prime & Convenient Location: Strategically located within walking distance to highly-ranked Santa Ana schools, public transportation, freeways, shopping, and entertainment, enhancing desirability and tenant appeal.
Rare Market Opportunity: This property is available for the first time in nearly 40 years, indicating a unique and potentially stable long-term investment opportunity in a sought-after area.

Cons

Advanced Age of Original Structure: Built in 1912, the property's core structure is over a century old, which, despite recent updates, may present unforeseen or future maintenance challenges inherent to older constructions.
Month-to-Month Tenancy: While offering flexibility, the current month-to-month rental agreements introduce uncertainty regarding tenant stability and potential for immediate vacancies, which could impact consistent cash flow.
Compact Unit Sizes: The individual units are relatively small (Unit #1: 658 sq/ft for 3 bed/1 bath; Unit #2: 970 sq/ft for 3 bed/1 bath + den), which might limit appeal to certain tenant demographics or future market value compared to more spacious properties.

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