1015 N Parton Street, Santa Ana, CA 92701
-
Listed Price :
$3,345,900
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1987
Property Description
If you're looking for a great, solid investment in rental property, this is just what you're looking for! A great opportunity also exists in the ASSUMABLE LOAN at the low rate of 3.73%!! In a prime location just steps from the Santa Ana Civic Center, the Orange County Superior Court, and the reknowned Orange County School of Performing Arts, the location is also just minutes from Santa Ana College, the Bristol Marketplace shopping center and numerous other locales for shopping, dining and services. There's also easy access to public transporation. This 3 level building was built in 1987 and features an electronically controlled, gated parking garage on the 1st level and a total of 10 - 1 bedroom, 1 bath units on the next 2 levels. The units have a spacious great room with a large living and dining area and a convenient kitchen. The bedroom is at the rear with access to the large private balcony and the full bath. The units have newer windows and sliding glass doors, AC units and individual gas water heaters. Gas and electric are individually metered and the owner provides water, trash and sewer. Tenants are responsible for paying for their own cable TV and/or internet. There is a community laundry room with leased equipment that the leasor maintains and a small garden area in front. With all that this property and location has to offer, including job opportunities, it's easy to see why it stays fully occupied and the turnover rate is low. You'll have the peace of mind of knowing that you have a steady income stream. Owning a single family home or duplex as a rental has the disadvantage of having greatly reduced or no income in the event of a unit turnover. With 10 units, you have offsetting income in the event of turnovers, which don't happen frequently. Add to your portfolio or dive into rental income property investments with this terrific 10 unit complex. What a great opportunity!!
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Laundry Room |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Tile |
| Interior Information |
| Features |
Ceiling Fan(s), Open Floorplan, Unfurnished, Main Level Primary |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
1015 N Parton Street |
| City |
Santa Ana |
| State |
CA |
| Zip |
92701 |
| County |
Orange |
| Listing Agent |
Mike Shahbazi DRE #00986527 |
| Co-Listing Agent |
Sean Shahbazi DRE #01352551 |
| Courtesy Of |
First Team Real Estate |
| List Price |
$3,345,900 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Apartment |
| Structure Size |
N/A |
| Lot Size |
8,712 |
| Year Built |
1987 |
Listing information courtesy of: Mike Shahbazi, Sean Shahbazi, First Team Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 30th, 2025 at 8:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
