Santa Ana, CA 92701 1027 N Parton Street
$2,200,000
2 more
Presented By: Daniel Blackwell with CB Richard Ellis, Inc.;
Beds • 13
Baths • 5
SQFT • 7,800
Garage • 9
Home Details
Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.
Presented By: Daniel Blackwell with CB Richard Ellis, Inc.;
Interior Features for 1027 N Parton Street
Bedrooms
Total Bedrooms13
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Heating Y/NNo
Total Stories2
General for 1027 N Parton Street
CitySanta Ana
CoolingNone
CountyOrange
DirectionsFrom I-5 N, Take exit 105 A for 17th St, Use the left 2 lanes to turn left onto 17th St, Use the 2nd from the left lane to turn left onto N Broadway, Turn right onto W Washington Ave, Turn left onto N Parton St, Property will been left
Full Baths
Garage Spaces9
Garage Y/NYes
Gross Income135588
HOANo
HeatingNone
LevelsMulti/Split
Living Area7800
Lot Size Square Feet8945
Lot Size UnitsSquare Feet
MLS Area70 - Santa Ana North of First
Net Operating Income72286
New ConstructionNo
Number Of Units Total9
PostalCitySANTA ANA
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1959
Year Built SourceAssessor
Exterior for 1027 N Parton Street
Building Area Total7800
Lot Size Acres0.2053
Lot Size Area8945
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesGarage, Uncovered
Total Parking9
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Josh Russell
Realtor®