335 East Chestnut Avenue
$5,350,000
3
30
13,742
13,742
$389
Description
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,...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.
- Listed by Chris Keramati • DRE #01702116 • Brokerage DRE #01921625 • Triqor Group • chris@triqorgroup.com
Property Details for 335 East Chestnut Avenue
Parking Spaces Total
34
Private PoolNo
Total Units22.0
Building TypeAttached
Lot Size SourcePublic Records
Living Area13742
Assessor Parcel Number404-094-17
Property Attached YNtrue
LISTING UPDATED: 10/22/2024 02:48 AM
Property Details for 335 East Chestnut Avenue
Status | Active |
---|---|
MLS # | PW24172534 |
Days on Market | 94 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1985 |
County | Orange County |
Building Information for 335 East Chestnut Avenue
Building/Complex335 E Chestnut AveFloor-Stories3Residences-Pet Policy-Year Built1985Building Size-
Property Information for 335 East Chestnut Avenue
Property History for 335 East Chestnut Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 335 East Chestnut Avenue
Taxable ValueLand$3,346,556Additions$2,231,037Total$5,577,593
Tax Record2024$67,881 ($5,657 / month)
Home Facts
Total Finished SqFt13,742 SqFtAbove Grade Finished SqFt13,742 SqFtLot Size18,818 SqFtStyleMulti-Family Dwelling (2-4)Year Built1985CountyORANGEAPN404-094-17
Schools near 335 East Chestnut Avenue
This home is within Santa Ana Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Theodore Roosevelt Elementary School PublicK to 5 | ||
Willard Intermediate School Public6 to 8 | ||
Century High School Public9 to 12 | ||
Edward B. Cole Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.