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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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335 E Chestnut Avenue Santa Ana, CA 92701
$5,025,000 0 beds, 0 baths
0 sqft
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Agent Remarks

We are pleased to present the Chestnut Avenue Property in Santa Ana, CA. Constructed in 1985, this property features copper plumbing and offers an over 1.5:1 parking ratio with 34 covered parking spaces. The property consists of 14 one-bed units and 8 two-bed, two-bath units. Over half of the units have balconies, and the amenities include two on-site laundry facilities, an elevator, individual water heaters, and individual gas and electric meters. The property boasts a 5.8% cap rate on current income, with the potential to achieve nearly 8.6% on market rents. With the potential for a 35% increase in rental income, investors can expect strong in-place cash flow while strategically implementing a plan to maximize their investment returns.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW24172534
List price is $5,025,000 Reduced by $325,000 on 2/5/2025
Beds: 0
Baths: 0
Built in 1985
0.40 acres
Lot size: 0.4000
Subdivision: Santa Ana
County: Orange
Lot description: Yard
MLS area: 69 - Santa Ana South of First

Last Updated: 2/5/2025

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This listing belongs to the 69 - Santa Ana South of First MLS area

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Lat/Long: 33.742755, -117.863706.
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Listing Agent: Chris Keramati
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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