2351 Chestnut is a charming Spanish style 6-unit property originally built in 1929 consisting of Six One-bedroom units, five individual garages and an on-site laundry facility. Five out of Six units were renovated from 2015-17, including refinished original hardwood floors, new kitchen cabinets, granite counters, updated bathrooms with new tiling, new vanities, and plumbing fixtures throughout. In addition, the main electrical panel was upgraded to a 200 AMP service and all new 60 AMP circuit breakers were installed in 2015. Full exterior paint and a new front gate were installed in 2019 and drought tolerant landscaping added in 2021. Rents remain approximately 28% below market, as current market rents are now significantly higher than at the time the five units were leased. This is a rare opportunity to purchase a clean Six-unit complex in a rapidly growing coastal California City with minimal capital improvements needed and strong upside in rents.