$2,200,000
1027 N Parton Street
Santa Ana, CA 92701
13
Beds
10
Baths
7,800
Square feet
1959
Built
Listing narrative
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.
Property Details
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Price
$2,200,000
Beds
13 bd
Type
House
Home Size
7,800 sqft
Baths
10
Lot Size
0.21 acres
Year
1959
Status
Pending
Days on Market
208
$ / Sqft
$282
Courtesy of CB Richard Ellis, Inc.
