CA > Santa Ana
Santa Ana, CA 92701,335 E Chestnut Avenue
Santa Ana, CA 92701,335 E Chestnut Avenue
Santa Ana, CA 92701,335 E Chestnut Avenue
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Listed by Chris Keramati • Triqor Group
$5,025,000
Est. payment /mo
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13,742 SqFt
Active

335 E Chestnut Avenue Santa Ana, CA 92701

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Kenneth Er

Kenneth Er

+1(510) 828-8572

UPDATED:

02/06/2025 05:17 AM

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 13,742 sqft

Price per Sqft $365

MLS Listing ID CRPW24172534

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1985

Lot Size 0.400 Acres

Property Sub-Type Other

Property 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 5.8% 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.

Location

State CA

County Orange

Interior

Fireplace No

Laundry Community Facility

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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