1015 N Parton Street, Santa Ana, CA 92701
Local realty services provided by:ERA North Orange County Real Estate
1015 N Parton Street,Santa Ana, CA 92701
$3,145,900
- - Beds
- - Baths
- 7,500 sq. ft.
- Multi-family
- Active
Listed by: mike shahbazi, sean shahbazi
Office: first team real estate
MLS#:PW25050495
Source:CRMLS
Price summary
- Price:$3,145,900
- Price per sq. ft.:$419.45
About this home
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 GREAT 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!!
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Home facts
- Year built:1987
- Listing ID #:PW25050495
- Added:253 day(s) ago
- Updated:November 20, 2025 at 02:18 PM
Rooms and interior
- Living area:7,500 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1987
- Building area:7,500 sq. ft.
- Lot area:0.2 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$3,145,900
- Price per sq. ft.:$419.45
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