$5,350,000
- Beds
- Unknown
- sq ft
- 13,742
335 E Chestnut Ave, Santa Ana, CA 92701
335 E Chestnut Ave
Santa Ana, CA 92701
- 86 days on market
- Price drop $50,000↓
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 5.1% cap rate on current income, with the potential to achieve nearly 8% 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.
Details
Property type
Apartment
Lot size
0.4 acres
Price per sq ft
$390
Year built
1985
Price History
10/22/2024
CRMLS #PW24172534
Price change
$5,350,000
-0.93%
08/20/2024
CRMLS #PW24172534
Listed
$5,400,000
Schools & Community
Neighborhood:
Eastside
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 11/14/2024 at 7:45 AM
Listing updated: 10/22/2024 at 9:50 AM
Listed by: Chris Keramati, Triqor Group Phone #: (949) 756-3232
MLS: CRMLS #PW24172534
Recently listed in Santa Ana
$175,000|2 bd|2.0 ba|Manufactured
$875,000|3 bd|2.0 ba|House
$599,000|3 bd|2.5 ba|Townhouse
$925,000|3 bd|2.0 ba|House
$1,350,000|3 bd|2.0 ba|House
$485,000|2 bd|1.0 ba|Condo
$575,000|2 bd|2.0 ba|Condo
$725,000|2 bd|1.75 ba|Condo
$3,400,000|4 bd|3.5 ba|House
$739,000|3 bd|1.75 ba|House
Explore top cities in California