2-Unit Duplex with Solar
New
For Sale
$799,800
3314 W Chestnut, Santa Ana, CA 92704
Separate residences include a garage, a bonus room, and backyard access.
Property Size1,656 SF
Days on Market7
Property Features for 3314 W Chestnut
General Information
Standard status
Active
Size
1,656 SF
Property subtype
Duplex
Site & Location
Neighborhood
Santa Anita
Highway Access
Yes
Units
Unit Mix
3BR/2BA, 2BR/1BA
Multifamily Units
2
Amenities
solar panels
fireplace
Building Details
Building Size
1,656 SF
Year Built
1962
Listing Agency:
First Team Real Estate
Listed By:
Crystal Aparicio · License #02246416
Source:
Altamirarealty
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 28 at 3:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Team Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1962, this duplex contains two separate residences. The front unit has 3 bedrooms, 2 bathrooms, and an attached two-car garage. The second unit offers 2 bedrooms, 1 bathroom, a bonus room, and a living-room fireplace, with access to the backyard. Solar panels are installed on the property.
Shopping centers, major freeways, and everyday essentials are nearby.
Shopping centers, major freeways, and everyday essentials are nearby.
Key Highlights
- Two separate residential units
- Front residence: 3 bedrooms, 2 bathrooms, and an attached two‑car garage
- Second residence: 2 bedrooms, 1 bathroom, a bonus room, and a living‑room fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,562
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,240
$571.2K
Cap Rate 7%
$408,029
$408.0K
Cap Rate 9%
$317,356
$317.4K
Market Conditions
NOI Build-Up for 1,656 SF
Gross rent
$42.7K $25.80/SF
− Vacancy
−$1.9K −$1.16/SF
EGI
$40.8K $24.64/SF
− OpEx
−$12.2K −$7.39/SF
NOI
$28.6K $17.25/SF
Area
ZIP 92704
Vacancy
4.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$571,240
Cap Rate 7%
$408,029
Cap Rate 9%
$317,356
Alternative Uses
Best Use
Multifamily LT 5
$408.0K
$357.0K – $476.0K
NOI $28,562 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$367.2K
$321.3K – $428.4K
NOI $25,706 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$492.2K
$430.7K – $574.2K
NOI $34,453 @ 7.0% cap · market cap 4.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
Explore this area
Business Placement
Demographics for 92704, CA
82,841
Population
20,887
Households
4
Avg Household Size
35
Median Age
20%
College-Educated
68%
High-School Grad
7.4 sq mi
ZIP Area
11,195
Density / Sq Mi
$94,249
Median Household Income
$37,925
Median Earnings
$2,147
Median Rent
$641,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences include a garage, a bonus room, and backyard access.
Where is this duplex located?
The property is located at 3314 W Chestnut Santa Ana, CA.
What is the asking price?
The asking price for this property is $799,800.
What are key features of this property?
This property features: Two separate residential units; Front residence: 3 bedrooms, 2 bathrooms, and an attached two‑car garage; Second residence: 2 bedrooms, 1 bathroom, a bonus room, and a living‑room fireplace
