701 E Chestnut Ave Santa Ana, CA 92701
Pacific Park NeighborhoodEstimated payment $10,334/month
About This Home
Prime Santa Ana Investment Opportunity! Discover an exceptional Four Unit Residential property situated in a highly desirable, walkable neighborhood just steps from local schools and markets. This well maintained building features a versatile unit mix consisting of 3 spacious 2 bedroom 2 bathroom units and an expansive 3 bedroom 2 bathroom unit. Additional income is generated by a convenient on site laundry room adding continues value for investors. This is an excellent long term potential in a thriving community.
Listing Agent
IHomes Brokerage Phone: 949-254-0070 License #01261830 Listed on: 08/16/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 5,972 Sq Ft Lot
- No Common Walls
- Corner Lot
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,266 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Full Bathrooms
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 8 / B
- Tax Tract Number 124
- Assessor Parcel Number 40407210
- $1 per year additional tax assessments
Community Details
Overview
- 4 Units
- Morning Sun Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $720
- Fuel Expense $612
- Gardener Expense $1,110
- Insurance Expense $2,500
- Trash Expense $2,621
- Water Sewer Expense $1,734
- Operating Expense $10,259
- Gross Income $113,000
- Net Operating Income $96,916
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,470 | $1,400,000 | $1,128,122 | $271,878 |
| 2025 | $15,068 | $1,282,845 | $1,031,503 | $251,342 |
| 2024 | $15,068 | $1,257,692 | $1,011,278 | $246,414 |
| 2023 | $14,697 | $1,233,032 | $991,449 | $241,583 |
| 2022 | $14,545 | $1,208,855 | $972,008 | $236,847 |
| 2021 | $14,205 | $1,185,152 | $952,949 | $232,203 |
| 2020 | $14,234 | $1,173,000 | $943,177 | $229,823 |
| 2019 | $12,793 | $1,046,974 | $802,097 | $244,877 |
| 2018 | $11,617 | $964,184 | $726,981 | $237,203 |
| 2017 | $10,909 | $890,559 | $636,699 | $253,860 |
| 2016 | $10,889 | $890,559 | $636,699 | $253,860 |
| 2015 | $10,753 | $877,182 | $627,135 | $250,047 |
| 2014 | $10,567 | $860,000 | $614,851 | $245,149 |
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 |
|---|---|---|---|---|---|
| 08/16/2026 08/16/26 | For Sale | $1,590,000 | +13.6% | $373 / Sq Ft | |
| 09/02/2025 09/02/25 | Sold | $1,400,000 | -3.4% | $328 / Sq Ft | View Prior Sale |
| 07/03/2025 07/03/25 | For Sale | $1,450,000 | +26.1% | $340 / Sq Ft | |
| 02/28/2019 02/28/19 | Sold | $1,150,000 | -8.0% | $270 / Sq Ft | View Prior Sale |
| 11/12/2018 11/12/18 | Pending | -- | -- | -- | |
| 10/05/2018 10/05/18 | Price Changed | $1,250,000 | -16.7% | $293 / Sq Ft | |
| 08/30/2018 08/30/18 | For Sale | $1,500,000 | -- | $352 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,400,000 | Pacific Coast Title | |
| Grant Deed | $1,150,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Grant Deed | $860,000 | Orange Coast Title | |
| Interfamily Deed Transfer | -- | Orange Coast Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,120,000 | New Conventional | |
| Previous Owner | $805,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $790,000 | Commercial | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $688,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26178266
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