USACASanta AnaChestnut Square (Chsq)549 N Tustin Ave
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$2,540,000

For Sale

2 days ago

549 N Tustin Ave, Santa Ana, CA

Condo

MLS® PW26219588

0 Bed

0 Bath

--

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 3
Approx. Age 1976
MLS® Number PW26219588

Property Address: 549 N Tustin Ave, Santa Ana, CA, 92705-3806

Average square foot calculated using Size range provided by listing agent.

Description

Excellent opportunity to acquire a 10-unit multifamily building on the border of Santa Ana and Tustin. Located at 549 N Tustin Ave, this multifamily asset was built in 1976. It offers ten large and well maintained 1 bedroom + 1 bathroom units. The building boasts a total of 7, 040 gross rentable square feet and is part of a community of 35 similar buildings. The complex is managed by an HOA which staffs an on-site management office. Gated access, two pool areas, a large playground, off-street parking and on-site laundry facilities make the property particularly appealing for renters and landlords. The property conveniently located right on the border of Santa Ana and Tustin with onramps to both the 55 and 5 freeways a couple of minutes away. The property is walking distance to Subway Restaurant, Country Café, Noodle Place and more. Just to the North of the property are multiple hospitals and medical clinics offering convenient care and job opportunities. Sports fans will find the location particularly appealing due to its convenient location about fifteen minutes by car to The Honda Center and Angel Stadium. For the right investor, this multifamily asset represents a the perfect opportunity to generate years of steady cash flow with minimal management or maintenance responsibilities. With the HOA handling management, maintenance and leasing this is the perfect passive investment for an owner who is looking for a completely hands-off ownership experience. As units turn over, the upside in rental income will be easily achievable.
MLS® NumberPW26219588
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1976
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2026List Date
$2,540,000List Price

Home Appraisal

This property is estimated to sell between: $395,000 and $3,613,000.
Similar properties in this area sold on average for: $395,000
Expected to sell in 58 days. Similar properties sold in 61 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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549 N Tustin Ave, Santa Ana, CA

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