$2,400,000
549 N Tustin Avenue, Santa Ana, CA 92705
- 7,040 sq ft
- Built 1976
$2,540,000
Subdivision Chestnut Square
The home
About 549 N Tustin Avenue
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.
Property details for 549 N Tustin Avenue
This apartment sits in the Chestnut Square neighborhood of Santa Ana in Orange County. It offers 7,040 square feet of living space and is listed at $2,540,000, about $361 per square foot. The home was built in 1976. The MLS record lists the assessor parcel number as 930-715-23. Highlights include a community pool. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $2,540,000
- Days On Site
- 1 Day
- Bedrooms
- N/A
- Inside Area (SqFt)
- 7,040 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- N/A
- Lot Size
- N/A
- Year Built
- 1976
- MLS® Number
- PW26219588
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
General Features
- Property Type
- Apartment
- MLS Number
- PW26219588
- Year Built
- 1976
- Lot Size (sq ft)
- 366,801
- Lot Size (acres)
- 8.4206
- Parking Spaces
- 10
- Parcel Number
- 93071523
- On Market Date
- 2026-10-08
- Listing Terms
- Standard
Interior Features
- Interior Features
- Balcony
- Laundry
- Common Area
- Entry Level
- 1
- Common Walls
- Two Common Walls Or More
Exterior Features
- Lot Features
- Near Public Transit, Yard
- Parking
- Carport
- Pool Features
- Community, Fenced, In Ground
- Sewer
- Public Sewer
- Water
- Public
- Units
- 10
Community Features
- Subdivision
- Chestnut Square (CHSQ)
- Community Features
- Suburban, Pool
The record
Property History for 549 N Tustin Avenue
| Date | Event | Price | Note |
|---|---|---|---|
| Oct 8, 2026 | Listed for sale | $2,540,000 | |
| Jan 15, 2014 | Sold | $1,375,000 | RE/MAX Fine Homes |
Cost of ownership
Estimated monthly payment
7.28% · 30-yr fixed$
$19,748/mo
10% down · 30-year fixed · $254,000 down
Principal & interest$15,641
Mortgage insurance (est., over 80% LTV)$953
Property tax (est. county typical)$2,413
Home insurance (rough est., varies widely)$741
HOANot reported, not included
$17,057/mo
20% down · 30-year fixed · $508,000 down
Principal & interest$13,903
Property tax (est. county typical)$2,413
Home insurance (rough est., varies widely)$741
HOANot reported, not included
$15,319/mo
30% down · 30-year fixed · $762,000 down
Principal & interest$12,165
Property tax (est. county typical)$2,413
Home insurance (rough est., varies widely)$741
HOANot reported, not included
Estimated carrying cost
$3,154/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. county typical)$2,413
Home insurance (rough est., varies widely)$741
HOANot reported, not included
Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.28% (week of Oct 1, 2026); your rate will differ. A loan this size is typically a jumbo loan, which prices differently. Tax and insurance are modelled, not billed amounts; tax uses a typical Orange County rate. Verify all figures. Full assumptions and disclosures.
Next steps
Buying 549 N Tustin Avenue
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Selling near 549 N Tustin Avenue
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Location
Location
Photographs
Photos of 549 N Tustin Avenue, Santa Ana
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Listed by Justin White of Justin White
Listing information updated Oct 8, 2026 at 5:08 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.