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13-Bedroom ResidentialIncome — 1027 N Parton Street, Santa Ana, CA

$2,200,000

1027 N Parton Street, Santa Ana, CA

$2,200,000 — 1027 N Parton Street, Santa Ana, CA — photo 1 $2,200,000 — 1027 N Parton Street, Santa Ana, CA — photo 2 $2,200,000 — 1027 N Parton Street, Santa Ana, CA — photo 3 $2,200,000 — 1027 N Parton Street, Santa Ana, CA — photo 4 $2,200,000 — 1027 N Parton Street, Santa Ana, CA — photo 5
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About this property

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

Bedrooms
13
Bathrooms
10
Square feet
7,800
Year built
1959
Property type
ResidentialIncome

Location

1027 N Parton Street • Santa Ana, CA 92701

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Listed by

Daniel Blackwell · CB Richard Ellis, Inc.

Listing courtesy of CB Richard Ellis, Inc.. Information deemed reliable but not guaranteed.

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