300 E Chestnut 300q, Santa Ana, California 92701, Santa Ana, 92701 - 2 bed, 2 bath
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300 E Chestnut 300q
Santa Ana, California 92701
ACTIVE
CONDITION: FAIR
2Beds
2Baths
952Sq Ft
41,853Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$422,060
6% AboveMARKET VALUE
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $450,000—positioned well below the $422,725 Fair Market Value by -6%. While the property is priced slightly above market, it offers a Fair Condition Rating with significant infrastructure upgrades, including a tankless water heater, central HVAC, and a new roof. Residents enjoy a walkable lifestyle near the historic district, a renovated pool, and private outdoor spaces. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, modern living space in Santa Ana.
Estimated Market Value
$422,060
Based on Realkey algorithm analyzing recent comparable sales in Santa Ana.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 300 E Chestnut 300q Subject 2 bd · 2 ba · 952 sqft · $443 | $450,000* List Price | 2 | 2 | 952 | $443 | - |
A 303 E 9th 7 Sold 1 bd · 2 ba · 897 sqft · $378 · 0.7 mi | $338,888 | 1 | 2 | 897 | $378 | 0.7 mi |
B 300 E Chestnut Avenue 301 Sold 2 bd · 2 ba · 952 sqft · $362 | $345,000 | 2 | 2 | 952 | $362 | - |
C 721 W 1st Sold 3 bd · 2 ba · 1,141 sqft · $417 · 0.7 mi | $475,600 | 3 | 2 | 1,141 | $417 | 0.7 mi |
D 1001 E Camile A2 Sold 2 bd · 2 ba · 870 sqft · $431 · 0.6 mi | $375,000 | 2 | 2 | 870 | $431 | 0.6 mi |
E 450 E 4th Street 319 Sold 2 bd · 2 ba · 829 sqft · $446 · 0.4 mi | $370,000 | 2 | 2 | 829 | $446 | 0.4 mi |
F 919 N Minter Street B Sold 2 bd · 2 ba · 1,163 sqft · $430 · 0.8 mi | $500,000 | 2 | 2 | 1,163 | $430 | 0.8 mi |
G 700 W 3rd A314 Active 2 bd · 2 ba · 864 sqft · $428 · 0.7 mi | $369,999 List Price | 2 | 2 | 864 | $428 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981, the property is over 40 years old and retains dated features such as popcorn ceilings and older-style kitchen cabinetry. While it includes significant system upgrades like a tankless water heater, central HVAC, and a new roof, the interior aesthetics and refinished (rather than replaced) bathroom fixtures align with the 'Fair' criteria for dated properties needing minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Infrastructure & Upgrades
The property is equipped with high-value modern features including a tankless water heater, central HVAC, and a dedicated EV charger, alongside recent HOA improvements like a new roof and renovated pool.
- Prime Walkable Location
Ideally situated within walking distance of Santa Ana’s historic district, the condo offers residents convenient access to a vibrant selection of local shops, restaurants, and urban amenities.
- Functional Layout & Convenience
The unit features a thoughtfully designed open floor plan with a dedicated laundry room, elevator access, and dual outdoor spaces including a private balcony with sunset views and a separate patio.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =41853, other record lot size in square feet = 48073. Living area discrepancy between mls listing and other public or private record. mls listing living area = 952, other record living area = 1033.
- Limited Parking
The unit only includes one assigned parking space, which may be a significant constraint for two-bedroom households with multiple vehicles or frequent guests.
- Low School Ratings
The local schools assigned to this address have relatively low performance ratings, ranging from 2 to 4, which could impact long-term resale value and appeal to families.
About 300 E Chestnut 300q
Welcome to Chestnut Square! Discover this stylish and modern condo located in the heart of Santa Ana. Step inside to find a thoughtfully designed living space with an open floor plan that seamlessly connects the living areas, including a cozy dining alcove, perfect for entertaining or enjoying quiet meals at home. This home offers the ultimate convenience with a dedicated laundry room and a tankless hot water heater. Stay comfortable year-round with central heating and air conditioning, ensuring a perfect climate no matter the season. The primary has an en suite with a refinished tub/shower and a private balcony with sunset views. The second bedroom has a full bath just outside its threshold. There is a nice relaxing patio just off the living room as well. Great for a little garden. Enjoy our weather in the community pool that has just been renovated. The property also features an elevator for added ease and accessibility. With 1 assigned parking space, including an EV charger and an electric gate providing an added layer of security, you’ll have peace of mind knowing your space is both convenient and secure. The HOA has just completed installing a new roof. Water, trash, and sewer are included in the HOA. Situated in a prime location, this condo is in strolling distance of the historic district that hosts an array of stores and tasty restaurants. A wonderful retreat that blends modern comforts with a low-maintenance lifestyle. Don’t miss this opportunity to call 300 E Chestnut Ave your new home. Schedule your tour today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 41,853 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $538.0 / Month
Neighborhood Insights
Santa Ana Unified Schools
Theodore Roosevelt Elementary School
Grades K-5 • 0.3 mi
4/10
Martin R. Heninger Elementary School
Grades K-8 • 0.4 mi
3/10
Julia C. Lathrop Intermediate School
Grades 6-8 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 1.9 |
| Square foot | 952 | 920.18 |
| Lot Size | 41,853 | 232,361.303 |
| Price | $450.0K | $447.6K |
| Price per sq ft | $473 | $539 |
| Built year | 1981 | 1973 |
| HOA | $538.0 | $472 |
| Days on market | 55 | 66 |
Pricing History
Listed for Sale
Aug 31, 2026
$450,000
Initial Listing
Sold
Aug 23, 2023
$455,000
Public Record
Sold
Sep 14, 2016
$235,000
Public Record
Sold
Dec 31, 2008
$80,000
Public Record
Sold
Nov 20, 2006
$280,000
Public Record
Sold
Apr 28, 2006
$237,000
Public Record