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Listed by: Rick Applebaum DRE #01273871, Paul Espinosa DRE #01942627 | Morgan Skenderian (949) 251-8800
$3,550,000
-- Bed
1 Bath
--sqft
709 E Chestnut Ave, Santa Ana, CA 92701
$3,550,000
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Apartment
Built in 1983
$-- HOA
6,848 sqft lot
--/sqft
Description
The Chestnut Apartments is a turnkey, 12-unit apartment building located in the heart of Santa Ana. Built in 1983 and just minutes away from the historic Downtown District, this property represents one of the most attractive multifamily investment opportunities in the county. It boasts a compelling 6.2% CAP Rate based on current rental income. Further enhancing the investment potential, buyers have the option to assume the existing financing, which requires only a 30% down payment and features a below-market fixed interest rate that remains in effect through November 2029. This advantageous financing presents a rare opportunity to take advantage of positive leverage, dram...
Continue Reading- Houzeo last checked: 6 Hours ago
- Listing updated: May 19, 2026 at 4:55 pm
- Source: California Regional MLS-CA | MLS#: PW25111635
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1983
HOA Fees
-
Finished Area
- sqft
Lot Size
6,848 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PW25111635
MLS Status
Active
Days on Market
402
Cumulative Days on Market
365
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