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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
6Beds
2Baths
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
PW25241013
Home ConditionGood
Features
ViewNeighborhood

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)
Beds63
96%
Baths22
50%
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 market20152
4%
Condition Rating
Good
Despite being built in 1912, the listing explicitly states that 'Both Homes Have Recent Updates Including Electrical / Plumbing / Windows / Paint / Flooring / Kitchens / Baths.' This indicates significant renovations that bring the property up to a move-in ready standard. The description also highlights it as a 'Great Turnkey Opportunity.' While interior images are not provided to visually confirm the condition of the kitchens and bathrooms, the textual description strongly suggests that these areas, along with major systems, have been recently updated and are well-maintained, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Multi-Unit Income Potential: The property features two separate single-family residences on one lot, both currently leased on a month-to-month basis, providing immediate rental income and investment flexibility.
Flexible Zoning & Development Potential: With Commercial / Apartment zoning, the property offers significant future use potentials, including expansion or redevelopment, enhancing its long-term value.
Extensive Recent Updates: Both homes have undergone substantial recent updates including electrical, plumbing, windows, paint, flooring, kitchens, and baths, presenting a desirable turnkey opportunity for buyers.
Prime & Convenient Location: Strategically located close to highly-ranked Santa Ana schools, public transportation, freeways, shopping, and entertainment, offering excellent accessibility and walkability.
Rare Market Opportunity: This property is available for the first time in nearly 40 years, indicating a unique chance to acquire a stable, long-held asset with potential for significant appreciation.

Cons

Age of Original Structure: Built in 1912, the property's age, despite recent updates, may still present challenges with older foundational elements or require more frequent maintenance than newer constructions.
Listing Price Exceeds Estimated Value: The current listing price is 6% higher than the property's estimated value, suggesting it may be priced above current market expectations and could require negotiation.
Month-to-Month Tenancy Risk: While offering flexibility, month-to-month leases mean tenants could vacate with short notice, potentially leading to temporary vacancies and income disruption for a new owner.

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