47
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$1,295,000
Est. payment /mo
5 Beds
3 Baths
8,432 Sqft Lot
Open 8/1 5PM-4PM
1050 W Chestnut Avenue Santa Ana, CA 92703
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Open House
Sat Aug 01, 12:00pm - 4:00am
Sat Aug 01, 5:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26163745
Bedrooms 5
Lot Size 8,432 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
INCREDIBLE OPPORTUNITY TO OWN 2 HOMES ON ONE EXPANSIVE 8,400+ SQ. FT. LOT IN SANTA ANA - LIVE IN ONE AND RENT THE OTHER! Featuring RV access and parking for up to 10 vehicles, this exceptional property includes a completely rebuilt and remodeled front residence, plus a brand-new, ground-up 2026 ADU. With estimated combined monthly rental income of approximately $8,000, this is an outstanding opportunity for investors, 1031 exchange buyers, multi-generational households, extended families or buyers seeking additional income. The front residence offers 3 bedrooms, 2 bathrooms, approximately 1,016 sq. ft. of living space, and impressive 9-foot ceilings. Completely gutted and rebuilt from the inside out, it features modern finishes, updated systems, ductless heating and air conditioning and the comfort and functionality of a beautifully renovated home. The brand-new rear ADU features 2 generously sized bedrooms, 1 bathroom, approximately 1,000 sq. ft. of living space and dramatic ceilings exceeding 10 feet, creating a bright, open, and spacious living environment. The open-concept interior showcases abundant natural light, recessed lighting, contemporary flooring and a stylish kitchen with quartz countertops, shaker cabinetry, stainless steel appliances and a large center island. Each residence enjoys its own private outdoor space, providing valuable separation, privacy and flexibility. The rare oversized lot also offers an expansive backyard, RV access, and parking for up to 10 vehicles - exceptional features for a two-home property. Additional highlights include fully paid-of
Location
State CA
County Orange
Zoning Seller
Direction From 1st St, go south on Flower, then right on Chestnut
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 00824102
Listed by Javier Robles, DRE#01255516 RE/MAX New Dimension
NEARBY SCHOOL & BUSINESS
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