
Santa Ana, California 92701
This High-Potential Investment Opportunity is listed at a List Price of $364,900, positioned well below the $411,000 Fair Market Value by 11%. This valuation gap provides $46,100 in Instant Equity. Featuring a Fair Condition Rating, the unit offers an updated kitchen and tile flooring, though it allows for further cosmetic modernization. Located near Historic Downtown Santa Ana, this top-floor condo is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic, value-add urban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 E Chestnut Avenue 301 Subject | $349,900* List Price | 2 | 2 | 952 | $383 | - |
A 700 W 3rd B107 Sold | $284,000 | 2 | 2 | 864 | $329 | 0.7 mi |
B 1001 E Camile A2 Sold | $375,000 | 2 | 2 | 870 | $431 | 0.6 mi |
C 1000 E Bishop Street M2 Sold | $400,000 | 2 | 2 | 870 | $460 | 0.6 mi |
D 1000 E Bishop Sold | $402,500 | 2 | 2 | 870 | $463 | 0.6 mi |
E 700 W 3rd A314 Active | $380,000 List Price | 2 | 2 | 864 | $440 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this 43-year-old property falls into the Fair category. While the description notes an updated kitchen and tile flooring, the visible bathroom fixtures and shower stall appear dated, and the overall age of the building and systems suggests a need for minor repairs or modern updates.
The property is ideally situated near the Historic Downtown Santa Ana District, providing residents with immediate access to a vibrant array of dining, shopping, and entertainment, alongside excellent freeway and public transit connectivity.
This move-in-ready unit boasts an updated kitchen and durable tile flooring throughout, complemented by the significant convenience of a dedicated in-unit laundry room with extra storage space.
Positioned on the top floor of a gated community, this unit offers enhanced privacy with no neighbors above and features a functional open layout including a primary suite with a private balcony and walk-in closet.
The monthly association fee of $449 is relatively high for a property at this price point, which may impact the overall affordability and appeal for budget-conscious buyers.
The assigned public schools for this address currently hold lower ratings (ranging from 2 to 4), which could be a deterrent for families and may influence future resale value.
Welcome to 300 East Chestnut Avenue, Unit N, on the third floor at Chestnut Square in Santa Ana. This top-floor condo features 2 bedrooms and 2 bathrooms spread across 952 square feet in a fully gated community with elevators for convenient daily access and one underground parking space. Inside, the main living area welcomes you with an open layout featuring tile flooring throughout, an updated kitchen connected to a dedicated dining area ideal for entertaining and everyday living. The hallway includes an in-unit laundry room with ample storage and a guest bathroom. The primary bedroom offers a private balcony, a walk-in closet, and a primary bathroom with a walk-in shower. An additional guest parking spot is available on a rotating schedule. This unit provides many benefits, including quick access to bus stops, parks, easy freeway access, and proximity to the Historic Downtown Santa Ana District, which offers a variety of restaurants, bars, and shops.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-8 • 0.4 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 952 | 936.5 |
| Lot Size | 41,853 | 256,727 |
| Price | $349.9K | $452.8K |
| Price per sq ft | $368 | $541 |
| Built year | 1981 | 1970 |
| HOA | $449.0 | $492 |
| Days on market | 29 | 73 |
Jul 2, 2026
$349,900
$364,900
-4% Price Drop
Initial Listing
Jun 23, 2026
$364,900
Initial Listing
Aug 17, 2012
$65,000
Public Record
Dec 31, 2001
$105,000
Public Record
Nov 17, 2000
$89,000
Public Record