PENDING
Listed by Jason Kirklen, Kirklen Investment Group, (949) 942-1300
629 E Chestnut Ave
Santa Ana, CA 92701
Eastside
9 Beds
9 Baths
5,174 sqft
- 9 Beds
- 9 Baths
- 5,174 sqft
9 Beds
9 Baths
5,174 sqft
Local Information
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Description
629 East Chestnut Ave is a 6-unit multifamily investment property located in Santa Ana, California. Constructed in 1980, 629 East Chestnut Avenue consists of one- and two-bedroom townhome style floorplans and includes amenities such as on-site laundry, gated tuck-under parking, and private balconies or patios. What sets this property apart is the proactive approach of the current owner, who has significantly renovated four of the six units, spending over $85,000 on interior capital improvements. Such renovations include upgraded kitchens, upgraded bathrooms, hardwood flooring, recessed lighting, and stainless steel appliances. The property is separately metered for gas and electricity, with the opportunity to add RUBS to minimize expense costs. With rental upside and a proven history of delivering strong cash flow, this property is a compelling addition to any investor.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$386
Listed
50 days ago
Home Details for 629 E Chestnut Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 9 |
Appliances & Utilities Laundry: Community,Inside |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Eastside |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 6Number of Covered Spaces: 6Has a GarageParking Spaces: 6Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
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Days on Market: 50 |
Property Information |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 40407515 |
Price & Status |
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Price List Price: $1,995,000Price Per Sqft: $386 |
Status Change & Dates Off Market Date: Mon Apr 22 2024 |
Active Status |
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MLS Status: Pending |
Location |
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Direction & Address City: Santa Ana |
Agent Information |
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Listing Agent Listing ID: OC24045146 |
Building |
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Building Area Building Area: 5174 Square Feet |
Community |
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Community Features: Curbs, Gutters, SidewalksNot Senior Community |
HOA |
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Association for this Listing: California Regional MLS |
Lot Information |
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Lot Area: 6534 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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Has Rent Control |
Miscellaneous |
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Mls Number: OC24045146Attribution Contact: 949-942-1302 |
Additional Information |
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CurbsGuttersSidewalks |
Last check for updates: about 12 hours ago
Listing Provided by: Jason Kirklen DRE #01939655, (949) 942-1302
Kirklen Investment Group
Originating MLS: California Regional MLS
Source: CRMLS, MLS#OC24045146
Price History for 629 E Chestnut Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 04/22/2024 | $1,995,000 | Pending | CRMLS #OC24045146 |
| 03/05/2024 | $1,995,000 | Listed For Sale | CRMLS #OC24045146 |
| 12/02/2023 | $2,040,000 | ListingRemoved | CRMLS #OC23107543 |
| 07/20/2023 | $2,040,000 | PriceChange | CRMLS #OC23107543 |
| 06/16/2023 | $2,095,000 | Listed For Sale | CRMLS #OC23107543 |
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Comparable Sales for 629 E Chestnut Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.34 | Multi-Family Home | $2,850,000 | 04/08/24 | 9 | 10 | 7,638 | |
0.18 | Multi-Family Home | $860,000 | 01/05/24 | 4 | 5 | 2,956 | |
0.62 | Multi-Family Home | $1,540,000 | 07/24/23 | 7 | 7 | 4,000 | |
0.19 | Multi-Family Home | $865,000 | 09/01/23 | 5 | 3 | 1,800 | |
0.29 | Multi-Family Home | $715,000 | 05/23/23 | 4 | 4 | 1,740 | |
0.62 | Multi-Family Home | $2,300,000 | 10/13/23 | 16 | 14 | 7,912 | |
0.88 | Multi-Family Home | $2,150,000 | 10/12/23 | 14 | 10 | 6,589 | |
0.85 | Multi-Family Home | $760,000 | 10/25/23 | 5 | 6 | 3,804 | |
0.81 | Multi-Family Home | $850,000 | 10/10/23 | 10 | 6 | 2,000 | |
1.14 | Multi-Family Home | $3,125,000 | 01/16/24 | 10 | 10 | 7,500 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
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Jason Kirklen, Kirklen Investment Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.