1027 N Parton Street, Santa Ana, CA 92701
- $2,200,000
- 13
- BD
- 10
- BA
- 7,800
- SqFt
- List Price
- $2,200,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 26713283
- Year Built
- 1959
- Bedrooms
- 13
- Bathrooms
- 10
- Living Sq. Ft
- 7,800
- Lot Size
- 8,945
- Acres
- 0.21
- Days on Market
- 105
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
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.
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/doug1%252FReal_Estate_Logo_Hello_HomeSmart.png){kind=logo}
Additional Information
- Heat
- None
- Cooling Description
- None
- Garage Spaces Total
- 9
- Attached Structure
- Detached
- Number Of Units Total
- 9
Listing courtesy of Listing Agent: Daniel Blackwell (dan.blackwell@cbre.com) from Listing Office: CB Richard Ellis, Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.