Seller's Agent in 2021
Ramzi Ataya
Engel & Völkers Newport Beach
(949) 484-6468
1 in this area
25 Total Sales
422 E Chestnut Ave Santa Ana, CA 92701
Pacific Park Neighborhood
9
Beds
4
Baths
4,000
Sq Ft
0.27
Acres
Highlights
- Property is near a park
- Corner Lot
- Laundry Room
- End Unit
- No HOA
- Tankless Water Heater
About This Home
As of March 2021Here’s your opportunity to purchase a new-to-market fourplex in the Pacific Park community of Santa Ana. We call it, “Chestnut Chateau”! It’s a wonderful pride-of-ownership building that oozes with elegance & charm. When looking to purchase a multi-family 4-plex these days, it’s extremely rare to come across one as turnkey & as desirable as this one. The building consists of a favorable unit mix & sits on a massive corner lot approximating nearly 12,000 sq ft. Two units are equipped with 3 bedrooms & 1 bath…and the other two units are equipped with 2 bedrooms & 1 bath. Recently however, one of the 3-bedroom units had a wall removed thereby making for a larger second bedroom instead. Each unit averages out at about 1,000 sq ft; approximating 4,000 sq ft in total. All four units have their own garages with 12 additional spaces on-site with plenty of street parking as well. If that wasn’t enough, for added convenience, & comfort, the building features laundry hookups inside each unit! The residents at Chestnut Chateau also benefit by having their own private open space areas with plenty of zones for entertainment and balconies for the two units situated upstairs. The entire building has been upgraded which includes electrical, cooper plumbing, tankless water heaters, granite countertops, newer appliances, newer bathrooms, tile floors, hardwood flooring, paint in-and-out, extensive professional landscaping, outdoor BBQ area, new fencing, new staircases, and much more.
Last Agent to Sell the Property
Engel & Völkers Newport Beach License #01265136 Listed on: 01/25/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 0.27 Acre Lot
- End Unit
- 1 Common Wall
- Landscaped
- Corner Lot
- Level Lot
- Garden
- Density is up to 1 Unit/Acre
Parking
- 12 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
- Turnkey
- Tile Roof
Interior Spaces
- 4,000 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Location
- Property is near a park
- Property is near public transit
Additional Features
- Rain Gutters
- Tankless Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 4 / C
- Tax Tract Number 831
- Assessor Parcel Number 40408401
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $156
- Gardener Expense $3,000
- Insurance Expense $1,700
- Maintenance Expense $2,736
- Other Expense $980
- Trash Expense $1,260
- Water Sewer Expense $2,096
- New Taxes Expense $15,225
- Operating Expense $27,153
- Gross Income $91,200
- Net Operating Income $64,047
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2021 03/10/21 | Sold | $1,470,000 | -0.3% | $368 / Sq Ft |
| 02/24/2021 02/24/21 | Pending | -- | -- | -- |
| 02/16/2021 02/16/21 | Price Changed | $1,475,000 | +1.7% | $369 / Sq Ft |
| 02/03/2021 02/03/21 | For Sale | $1,450,000 | -1.4% | $363 / Sq Ft |
| 01/31/2021 01/31/21 | Off Market | $1,470,000 | -- | -- |
| 01/25/2021 01/25/21 | For Sale | $1,450,000 | -- | $363 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2021
Julieanne Lam Phan
Phan Property Management
(714) 655-1434
1 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21014998
APN: 404-084-01
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Based on information from California Regional Multiple Listing Service, Inc. 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
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