Jennifer Thomas
Seven Gables Real Estate
(949) 468-3483
79 Total Sales
1 in Pacific Park
$625,000 Price
629 E Chestnut Ave Santa Ana, CA 92701
Pacific Park Neighborhood
3
Beds
3
Baths
5,174
Sq Ft
6,534
Sq Ft Lot
About This Home
As of May 2024629 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.
Last Agent to Sell the Property
Kirklen Investment Group Brokerage Phone: 949-942-1302 License #01939655 Listed on: 03/05/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,174 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 14 / C
- Tax Tract Number 312
- Assessor Parcel Number 40407515
- $1,545 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,691
- Fuel Expense $2,315
- Insurance Expense $3,569
- Professional Management Expense $6,327
- Trash Expense $1,249
- Water Sewer Expense $1,246
- Operating Expense $47,222
- Gross Income $155,184
- Net Operating Income $107,962
Additional Features
- 6 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2025
Sold by
Vanduong Ha Thi
Bought by
Purchase Details
Closed on
Jul 30, 2024
Sold by
Nguyen Tuan Minh and Duong Ha Thi
Bought by
Duong Ha Thi Van
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 5, 2024
Closed on
Apr 24, 2024
Sold by
Mahtani 2011 Family Trust and Mahtani Sasha
Bought by
Nguyen Tuan Minh and Nguyen Van Duong
Seller's Agent
Jason Kirklen
Kirklen Investment Group
Buyer's Agent
Ann Diep
Trojan Financial Solutions
List Price
$1,995,000
Sold Price
$1,840,000
Premium/Discount to List
-$155,000
-7.77%
Views
20
Purchase Details
Listed on
Jan 20, 2021
Closed on
Mar 18, 2021
Sold by
Khosraviani Aflatoon and Khosraviani Farangis Djamtorki
Bought by
Mahtani Sasha and Mahtani Reema
Seller's Agent
Shelly Hilliard
Coldwell Banker Realty
Buyer's Agent
Jason Kirklen
Kirklen Investment Group
List Price
$1,825,000
Sold Price
$1,745,000
Premium/Discount to List
-$80,000
-4.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$1,035,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 2, 2015
Sold by
Hassani Cameron Hanson
Bought by
Khosraviani Ava
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
3.76%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 30, 2007
Sold by
Hawken Susan A
Bought by
Khosraviani Aflatoon and Khosraviani Farangis Djamtorki
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
6.67%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pacific Park, CA
-
Jennifer Thomas
-
Andro Chavez
Andro Chavez
Re/Pro Realty
(657) 366-5303
120 Total Sales
4 in Pacific Park
$700K - $925K Price Range
-
Eduardo Franco
Eduardo Franco
ALTICORE REALTY
(951) 441-3688
122 Total Sales
1 in Pacific Park
$680,000 Price
-
Luis Anaya
Luis Anaya
Keller Williams Legacy
(949) 771-8980
43 Total Sales
2 in Pacific Park
$1,370,000 Price Range
-
Devon Sutton
Devon Sutton
Responds QuicklyVista Sotheby’s International Realty
(424) 375-6479
55 Total Sales
1 in Pacific Park
$820,000 Price
-
Matthew Hoyt
Matthew Hoyt
Responds QuicklyHoyt Real Estate, Inc.
(949) 763-5992
44 Total Sales
4 in Pacific Park
$1.4M - $6.2M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Duong Ha Thi Van | -- | None Listed On Document | |
| Nguyen Tuan Minh | $1,840,000 | First American Title Insurance | |
| Mahtani Sasha | $1,745,000 | Western Resources Title | |
| Khosraviani Ava | -- | Fidelity National Title | |
| The Khosraviani Trust | -- | Fidelity National Title | |
| Khosraviani Aflatoon | $905,000 | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,000,000 | ||
| Previous Owner | Mahtani Sasha | $1,035,000 | |
| Previous Owner | The Khosraviani Trust | $545,000 | |
| Previous Owner | Khosraviani Aflatoon | $583,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/08/2024 05/08/24 | Sold | $1,840,000 | -7.8% | $356 / Sq Ft | |
| 05/02/2024 05/02/24 | For Sale | $1,995,000 | 0.0% | $386 / Sq Ft | |
| 04/19/2024 04/19/24 | Pending | -- | -- | -- | |
| 03/05/2024 03/05/24 | For Sale | $1,995,000 | +14.3% | $386 / Sq Ft | |
| 04/19/2021 04/19/21 | Sold | $1,745,000 | -1.7% | $337 / Sq Ft | View Prior Sale |
| 02/26/2021 02/26/21 | Pending | -- | -- | -- | |
| 02/15/2021 02/15/21 | Price Changed | $1,775,000 | -2.7% | $343 / Sq Ft | |
| 01/20/2021 01/20/21 | For Sale | $1,825,000 | -- | $353 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $22,461 | $1,895,568 | $1,518,396 | $377,172 |
| 2025 | $22,461 | $1,858,400 | $1,488,623 | $369,777 |
| 2024 | $22,208 | $1,851,807 | $1,485,691 | $366,116 |
| 2023 | $21,660 | $1,815,498 | $1,456,560 | $358,938 |
| 2022 | $21,436 | $1,779,900 | $1,428,000 | $351,900 |
| 2021 | $13,724 | $1,098,202 | $716,334 | $381,868 |
| 2020 | $13,745 | $1,086,942 | $708,989 | $377,953 |
| 2019 | $13,486 | $1,065,630 | $695,087 | $370,543 |
| 2018 | $12,984 | $1,044,736 | $681,458 | $363,278 |
| 2017 | $12,873 | $1,024,251 | $668,096 | $356,155 |
| 2016 | $12,623 | $1,004,168 | $654,996 | $349,172 |
| 2015 | $12,463 | $989,085 | $645,157 | $343,928 |
| 2014 | $10,559 | $819,385 | $483,229 | $336,156 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Kirklen
Seller's Agent in 2024
Jason Kirklen
Kirklen Investment Group
(949) 942-1302
1 in this area
24 Total Sales
-
Ann Diep
AD
Buyer's Agent in 2024
Ann Diep
Trojan Financial Solutions
(714) 444-0114
1 in this area
11 Total Sales
-
Shelly Hilliard
Seller's Agent in 2021
Shelly Hilliard
Coldwell Banker Realty
(714) 580-4500
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24045146
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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. 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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