331 Chestnut Drive, Santa Ana, CA, 92701

331 Chestnut Drive, Santa Ana, CA, 92701 < >
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for sale
$5,050,000
Year Built:1986
Status:Active
MLS #:TR17172015
Date Updated:
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Star Real Estate
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Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. Three buildings, 22 units. The Property is Located in High Rental Demand and High Employment Area of Santa Ana. Built In 1985. Total of 4 Buildings for 22 Units and 34 Parking Spaces. Each Unit Has It's Own Water Heater.There are 14 Units are One Bedroom with One Bath (Current Monthly Rent $ 1,075, Market Rent $ 1,275). Another 8 Units are Two Bedrooms with TWO Baths (Current Monthly Rent $ 1,400 , Market Rent $ 1,675). Total Monthly Gross Rent is $ 26,275 . Annual Gross Income is $ 315,300 Plus Annual Laundry Income $ 5,100, Annual Expense Approx. $ 79,000, Annual Net Income $ 241,400. No Rent Control. Annual Gross Pro Forma Rent Approx. $ 370,800. Near BY Main St and Chestnut Dr. Walking Distance to Downtown of Santa Ana, Freeway 5, McDonald, Shopping Center and Bus Stations.Near BY Main St and Chestnut Dr. Walking Distance to Downtown of Santa Ana, Freeway 5, McDonald, Shopping Center and Bus Stations.Near BY Main St and Chestnut Dr. Walking Distance to Downtown
Interior Details
Levels: Three Or More

Exterior Details
Carport Spaces: 2.00Garage Spaces: 0.00
Lot Features: 21-25 Units/AcreNumber Of Buildings: 3
Number Of Units Total: 22Parking Features: Unassigned
Parking Total: 36.00Pool Features: None

Community Information
County Or Parish: OrangeDirections: Main St and W 1st Street
MLS Area Major: 69 - Santa Ana South of FirstParcel Number: 40409417
Subdivision Name: Other (OTHR)

Property Information From MLS Data
Year Built: 1986

Utilities
Water Source: Public

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Walk Score® for 331 Chestnut Drive
Schools near 331 Chestnut Drive
Listing courtesy of Sheng Wang, Century 21 Care

Information obtained from CACRMLS is current as of 11/22/2017 12:26 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.