3502 W Chestnut Avenue, Santa Ana, California 92704, Santa Ana, 92704 - bed, bath
ACTIVE$999,999
3502 W Chestnut Avenue, Santa Ana, California 92704
0Bed
0Bath
1,658Sqft
6,970Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Property: As a duplex, this property offers immediate potential for rental income, appealing to investors or owner-occupants seeking to offset mortgage costs.
Top Cons:
Property Age: Built in 1962, the property is over 60 years old, which may necessitate significant updates to major systems (e.g., plumbing, electrical, HVAC) and interior finishes to meet modern standards.
Compared to the nearby listings
Price:$1000.0K vs avg $1.05M ($-50,001)45%
Size:1,658 sqft vs avg 2,450 sqft36%
Price/sqft:$603 vs avg $48673%
More Insights
Built in 1962 (63 years old).
Condition: Built in 1962, this property is over 60 years old. The images reveal an extremely dated interior, particularly in the kitchen and bathroom, which feature original or very old cabinets, laminate countertops, basic appliances, and outdated fixtures. The flooring (carpet, linoleum/vinyl) also appears worn and dated. While the exterior seems maintained, the interior requires substantial rehabilitation, not just minor updates. Given the age, major systems (electrical, plumbing, HVAC) are likely at or beyond their expected lifespan, necessitating significant updates to meet modern standards and comfort, as also noted in the property analysis.
Year Built
1962
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$603
HOA
-
Days on market
-
Sold On
-
MLS number
PW25014623
Home ConditionPoor
Features
Patio
View-
About this home
Nice single level duplex on large corner lot
Condition Rating
Poor
Built in 1962, this property is over 60 years old. The images reveal an extremely dated interior, particularly in the kitchen and bathroom, which feature original or very old cabinets, laminate countertops, basic appliances, and outdated fixtures. The flooring (carpet, linoleum/vinyl) also appears worn and dated. While the exterior seems maintained, the interior requires substantial rehabilitation, not just minor updates. Given the age, major systems (electrical, plumbing, HVAC) are likely at or beyond their expected lifespan, necessitating significant updates to meet modern standards and comfort, as also noted in the property analysis.
Pros & Cons
Pros
Income-Generating Property: As a duplex, this property offers immediate potential for rental income, appealing to investors or owner-occupants seeking to offset mortgage costs.
Desirable Lot Characteristics: The property is situated on a large corner lot (6970 sqft), which typically provides enhanced privacy, better natural light, and increased curb appeal.
Single-Level Design: The single-level layout of the duplex is highly desirable, offering accessibility and convenience that appeals to a broader range of tenants and buyers.
Prime Location: Located in Santa Ana, California, a well-established city in Orange County, the property benefits from strong rental demand and potential for property value appreciation.
Investment Opportunity: The combination of being an income-producing asset, a desirable lot, and a strong market location makes this an attractive investment opportunity.
Cons
Property Age: Built in 1962, the property is over 60 years old, which may necessitate significant updates to major systems (e.g., plumbing, electrical, HVAC) and interior finishes to meet modern standards.
Lack of Detailed Information: The property description is very brief, offering minimal details about the condition of the units, recent renovations, or specific features, which could raise questions for potential buyers.
Potential for Deferred Maintenance: Given its age and the limited description, there is an implied risk of deferred maintenance or outdated components that may require additional capital expenditure post-purchase.