LKV Realty
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$1,295,000
$6,000Reward *
1050 W Chestnut Avenue, Santa Ana, CA 92703Listing ID PW26104862

1050 W Chestnut Avenue, Santa Ana, CA 92703

Active
Time on site: 97 daysLast updated: 2 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,016
Acres
Acres
0.19
Days on Site
Days on Site
18
Cooling
Cooling
Ductless, Electric
Heating
Heating
Ductless, Electric
Year Built
Year Built
2026
Stories
Stories
1
Parking
Parking
RV Access/Parking

INCREDIBLE OPPORTUNITY TO OWN 2 HOMES ON ONE EXPANSIVE 8,400+ SQ. FT. LOT IN SANTA ANA - LIVE IN ONE AND RENT THE OTHER! Featuring RV access and parking for up to 10 vehicles, this exceptional property includes a completely rebuilt and remodeled front residence, plus a brand-new, ground-up 2026 ADU. With estimated combined monthly rental income of approximately $8,000, this is an outstanding opportunity for investors, 1031 exchange buyers, multi-generational households, extended families, or buyers seeking additional income. The front residence offers 3 bedrooms, 2 bathrooms, approximately 1,016 sq. ft. of living space, and impressive 9-foot ceilings. Completely gutted and rebuilt from the inside out, it features modern finishes, updated systems, ductless heating and air conditioning, and the comfort and functionality of a beautifully renovated home. The brand-new rear ADU features 2 generously sized bedrooms, 1 bathroom, approximately 1,000 sq. ft. of living space, and dramatic ceilings exceeding 10 feet, creating a bright, open, and spacious living environment. The open-concept interior showcases abundant natural light, recessed lighting, contemporary flooring, ductless heating and air conditioning, and a stylish kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and a large center island. Each residence enjoys its own private outdoor space, providing valuable separation, privacy, and flexibility. The rare oversized lot also offers an expansive backyard, RV access, and parking for up to 10 vehicles - exceptional features for a two-home property. Additional highlights include fully paid-off solar panels serving the rear residence, low-maintenance desert landscaping for both homes, and an integrated Ring security system for added convenience and peace of mind. With approximately 2,016 sq. ft. of combined living space, a total of 5 bedrooms and 3 bathrooms, this distinctive property offers two move-in-ready homes, excellent rental potential, and multiple living possibilities - all conveniently located near schools, shopping, dining, parks, and major transportation routes. A rare opportunity to own two exceptional homes on one large lot in the heart of Santa Ana!

Property Information

Property Details

Location

Address
1050 W Chestnut Avenue
County
Orange
City
Santa Ana
Zip Code
92703
School District
Santa Ana Unified
MLS Area
69 - Santa Ana South of First

Interior Features

Beds and Baths

Bedrooms
5
Main Level Bedrooms
5
Full Bathrooms
2
3/4 Bathrooms
1

Building

Building Information

Square Feet
2,016
Year Built
2026
Stories
1
Roof
Composition

Financial

Special Conditions
Standard
Javier RoblesRE/MAX New Dimension, (714) 908-9150

Market Report for 92703

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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