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Image 1 - 709 E Chestnut Ave, Santa Ana, California, 92701 - House for sale
Image 2 - 709 E Chestnut Ave, Santa Ana, California, 92701 - House for sale
Image 3 - 709 E Chestnut Ave, Santa Ana, California, 92701 - House for sale
Image 4 - 709 E Chestnut Ave, Santa Ana, California, 92701 - House for sale
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Image 7 - 709 E Chestnut Ave, Santa Ana, California, 92701 - House for sale
Home For Sale In Santa Ana, California
709 E Chestnut Ave, Santa Ana, California, 92701

Home For Sale In Santa Ana, California

house for sale
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Listed: 03/11/24

709 E Chestnut Ave, Santa Ana, California, 92701

Studio Bed:
12 Bath:
7,032 Sq Ft Living Area:
Save
Price
$ 3,48M

About This House

Pleased to present 709 East Chestnut Avenue, an immaculate turn-key 12-unit apartment building. Built in 1983 and nestled in the heart of Santa Ana, just minutes away from the Historical Downtown District, this property stands as one of the most attractive multifamily investments in the entire county, boasting a compelling 6.2% Capitalization Rate (CAP rate) on current rental income. A rare opportunity to take advantage of positive leverage, allowing the investor to place a smaller down payment and increase the cash-on-cash return. 709 Chestnut redefines urban living with spacious studio apartment, each generously proportioned to function as complete one-bedroom units. Enhancing the living experience, every unit is equipped with its own washer and dryer, offering tenants the convenience of in-home …  Full description

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Pacific Park Housing & Living

Household Income

Median household income: $65,313
Number of households: 78,786
The average household income in Santa Ana, CA declined from $65,655 to $65,313 in the past year. This data is an estimate based upon 78,786 households in Santa Ana, CA.
The chart below presents how household income is distributed in Santa Ana, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Santa Ana, CA compared to median property taxes around the country. The prevalent amount of property taxes in Santa Ana, CA equals $3k+ , which is more than the national average.