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335 E Chestnut Ave
Santa Ana, CA 92701 Santa Ana

$5,350,000 USD

Apartments For Sale  •  13,742 SF

Property Details

• Property Type Apartments
• Total Building Size 13,742 SF
• Lot Size 0.4 AC
• Building Class B
• Year Built 1985
• Cap Rate 5.17 %
• Zoning R3

48 Transit Score

87 Walk Score

Highlights

1985 Construction with Copper Plumbing and Individual Gas & Electric Meters

Desirable Mix of 1 Bed & 2 Bed/2 Bath Units

Over 1.5:1 Covered Parking

5.1% Cap Rate on Current Income, Approximate 8% on Market

Situated in Strong Rental Location Within Santa Ana

Financial Summary (Actual)

Net Operating Income: $276,531 USD (2023)

Cap Rate:	5.17 %
Total Expenses:	$155,383 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Santa Ana (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	3 min	19 min	1.0 mi
Orange (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.0 mi
Airport	Drive	Walk	Distance
John Wayne/Orange County	10 min	-	5.2 mi
Long Beach (Daugherty Field)	29 min	-	22.2 mi
Ontario International	47 min	-	36.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	34
Type:	Covered
Included in Rent:	Yes