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1st image of 709 E Chestnut Ave, Santa Ana, CA 92701 | MLS# PW25111635
2nd image of 709 E Chestnut Ave, Santa Ana, CA 92701 | MLS# PW25111635
3rd image of 709 E Chestnut Ave, Santa Ana, CA 92701 | MLS# PW25111635
4th image of 709 E Chestnut Ave, Santa Ana, CA 92701 | MLS# PW25111635
5th image of 709 E Chestnut Ave, Santa Ana, CA 92701 | MLS# PW25111635
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Listed by: Rick Applebaum DRE #01273871, Paul Espinosa DRE #01942627 | Morgan Skenderian (949) 251-8800

$3,550,000

  • Beds Icon-- Bed
  • Beds Icon
    1 Bath
  • Beds Icon7,032sqft

709 E Chestnut Ave, Santa Ana, CA 92701

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  • Apartment

  • Built in 1983

  • $-- HOA

  • 6,848 sqft lot

  • $505/sq.ft

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...

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  • Houzeo last checked: 11 minutes ago
  • Listing updated: July 20, 2026 at 5:02 pm
  • Source: California Regional MLS-CA | MLS#: PW25111635 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    3

  • County

    Orange County

  • City

    Santa Ana

  • Neighborhood

    Pacific Park

  • Year Built

    1983

  • HOA Fees

    -

  • Finished Area

    7,032 sqft

  • Lot Size

    6,848 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    PW25111635

  • MLS Status

    Active

  • Days on Market

    465

  • Cumulative Days on Market

    427

Data provided by Redfin

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