Refine Search
Map
Sort by
$3,550,000
PW25111635 MLS ⋅ Active Status
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, dramatically increasing the cash-on-cash return. The Chestnut Apartments 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 laundry facilities. Recent extensive interior renovations elevate the property to new heights, featuring luxurious materials, contemporary kitchens, stainless steel appliances, vinyl/plank flooring, upgraded bathrooms, and a range of other enhancements. The exterior of the property has undergone a fresh transformation with new paint and state-of-theart exterior lighting, adding to the overall appeal. Previously, ownership had received full approval for the addition of three Accessory Dwelling Units (ADUs). These ADU's, once constructed, add a projected 29.7% increase in gross income.

709 E Chestnut Avenue, Santa Ana
$1,700,000
5 Beds ⋅ 5 Baths ⋅ PW25089121 MLS ⋅ Active Status
Welcome to 618 W Alpine Ave – a stunningly remodeled and expanded two-story home nestled in the sought-after South Coast Metro/Sandpointe neighborhood. This exquisite 5-bedroom, 5-bathroom residence offering 3,179 sq ft of living space was fully renovated and expanded in 2018 with full city permits, blending modern luxury with everyday functionality. Step through the custom front door into an expansive open-concept layout designed for entertaining. The heart of the home is the chef’s kitchen, featuring a striking quartz waterfall island, premium upgraded appliances, and seamless flow into the dining and oversized family room. The main level includes one of two spacious primary suites, complete with a walk-in closet and full bath—ideal for multi-generational living. An additional bedroom, direct-access garage, and well-appointed living spaces complete the first floor. Upstairs, you’ll find a second expansive primary suite with a large walk-in closet and luxurious en-suite bath featuring a double vanity and walk-in shower. Two additional bedrooms, each with their own bathroom, a spacious loft, and a convenient laundry room round out the upper level. Other highlights: dual-zone A/C, recessed lighting, built-in speakers, and backyard with covered patio and heaters-perfect for entertaining. Enjoy easy access to South Coast Plaza, OC Performing Arts Center, top-rated schools, shopping, dining, and major freeways (405, 73, 55). Just minutes from Costa Mesa, Irvine, John Wayne Airport, and 15–20 minutes to the beach. This home offers a rare blend of size, style, and location. Don't miss the opportunity to make it yours!

618 W Alpine Avenue, Santa Ana
$4,720,000
AR24144156 MLS ⋅ Active Status
Great cashflow! Current actual income is $440,081.16. Current actual CAP Rate is 6.91%. Market rent is $508,8000. Market CAP Rate is 8.24%. 20 high demand rental units located in the heart of Orange County. Separate APN numbers so buyer does not need on-site manager. Amenities include a spacious and quiet central courtyard, security doors, 2 on-site laundry rooms, and ample surface parking. Minnie Street is located just south of Santa Ana’s Downtown and is within the Pacific Park neighborhood. The property is within 1 mile of the bustling retail corridor of Downtown Santa Ana which provides residents with convenient access to a plethora of retail, dining, and entertainment options. The property is conveniently located within 0.75 miles to Kennedy Elementary School, Lathrop Intermediate School, and Century High School. Convenient excess to I-5 freeway. Separate electric meters paid by tenants. The landlord pays for water, trash, gas, and sewer. 8-2 bedrooms and 12-1 bedroom. The rent is below market bringing upside opportunity to increase rents by new buyer.

1426 Minnie Street, Santa Ana

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.