$5,350,000
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335 Chestnut Avenue Santa Ana, CA 92701
Apartment
Residence
Beds
Baths
13,742
Sq. Ft.
0.4
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
PW24172534
Property Type
Apartment
Status
Year Built
1985
Square Feet
13,742
sq. ft
Lot Size
0.4
Sewer
Public Sewer
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