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926 E Pine, Santa Ana, California 92701, Santa Ana, 92701 - 6 bed, 2 bath

926 E Pine, Santa Ana, California 92701 home-pic-0
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
$706
HOA
-
Days on market
-
Sold On
-
MLS number
PW25241013
Home ConditionGood
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.15M(88th), sqft - 1628(58th), beds - 6(96th), baths - 2(50th).

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
Condition Rating
Good
Despite being built in 1912, the listing explicitly states 'Recent Updates Including Electrical / Plumbing / Windows / Paint / Flooring / Kitchens / Baths' for both homes. This indicates a comprehensive renovation, making the property move-in ready with major systems and aesthetics updated. While not 'virtually new' like an excellent-rated property, these extensive updates bring it to a high standard of condition, aligning with the 'Good' criteria of being extensively renovated within 5 to 15 years and requiring no immediate renovation.
Pros & Cons

Pros

Income-Generating Multi-Unit: 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 a turnkey investment opportunity.
Flexible Zoning for Future Development: Commercial/Apartment zoning offers significant potential for future redevelopment, expansion, or alternative uses, enhancing long-term value and investment flexibility.
Extensive Recent Updates: Both homes have received substantial recent updates including electrical, plumbing, windows, paint, flooring, kitchens, and baths, minimizing immediate capital expenditure for a new owner.
Strategic Location: Positioned conveniently close to highly-ranked Santa Ana schools, public transportation, major freeways, shopping, and entertainment, ensuring high tenant demand and accessibility.
Rare Market Opportunity: Described as a 'Rare Opportunity' and 'First Time Available In Nearly 40 Years,' highlighting its unique and exclusive nature in the market.

Cons

Historic Property Age: Constructed in 1912, the property's age, despite recent updates, may still entail potential for unforeseen maintenance issues or require specialized upkeep inherent to older structures.
Month-to-Month Lease Volatility: While providing immediate income, the month-to-month rental agreements introduce potential for higher tenant turnover or less stable income projections compared to fixed-term leases, and could complicate owner-occupancy plans.
Compact Unit Sizes: The individual unit sizes (658 sq/ft and 970 sq/ft) are relatively compact for 3-bedroom configurations, which might limit the target tenant demographic or rental income potential compared to more spacious properties.

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