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1015 N Parton Street
Santa Ana CA 92701 US

$3,345,900

Active Listing ID PW25050495
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10 bed
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10.00 Bath (10 Full)
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Lot: 8,712.00 Square Feet
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Apartment

$3,345,900

Active Listing ID PW25050495
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1015 N Parton Street 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!

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Property Features

  • Facts
  • Lot Size: 8,712.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 10
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Fence, Community Features Included: Curbs, Gutters, Sidewalks, Street Lights, Urban, Front Yard, Landscaped, Lot 6500-9999, Near Public Transit
  • Floor Covering: Tile

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 3345900
  • unparsedaddress: 1015 N Parton Street
  • postalcity: Santa Ana
  • stateorprovince: CA
  • country: US
  • postalcode: 92701
  • bathroomsfull: 10
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Square Feet
  • lotsizearea: 8712
  • livingarea: 7500
  • livingareaunits: Square Feet
  • latitude: 33.754212
  • longitude: -117.87434
  • listagentfullname: Mike Shahbazi
  • listagentemail: ShahbaziTeam@gmail.com
  • listagentkey: 3yd-MRMLSCA-ASHAHMIK
  • listagentmlsid: ASHAHMIK
  • listagentpreferredphone: 9495390824
  • listagentofficephone: 9495390824
  • listofficekey: 3yd-MRMLSCA-E776
  • listagentstatelicense: 00986527
  • listofficemlsid: E776
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1987
  • listingcontractdate: 2025-03-11
  • listagenturl: http://www.firstteam.com
  • countyorparish: Orange
  • parcelnumber: 39853304
  • appliances: Range, Range - Gas
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • flooring: Tile
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 10
  • parkingfeatures: Assigned, Covered
  • view: None
  • waterfrontyn: False
  • interiorfeatures: Ceiling Fan(s), Open Floorplan, Unfurnished, None, Carbon Monoxide Detector(s)
  • exteriorfeatures: Fence, Community Features Included: Curbs, Gutters, Sidewalks, Street Lights, Urban, Front Yard, Landscaped, Lot 6500-9999, Near Public Transit
  • architecturalstyle: Contemporary
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Great Room, Kitchen, Living Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -117.87434, 33.75421
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"First Team Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"g3j3q87h2week@robot.zapier.com", "ListBrokerageCity":"Irvine", "ListBrokerageCountry":"US", "ListBrokerageEmail":"emarketing@firstteam.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MRMLSCA/add10530ca1b11e1b4b41231393f8597/20190807230841366.png", "ListBrokerageName":"First Team Real Estate", "ListBrokeragePhone":"(949) 539-0824", "ListBrokeragePostalCode":"92618", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"108 Pacifica, Suite 300", "ListBrokerageWebsiteUrl":"http://www.firstteam.com", "ListOfficeAddress1":"8028 E. Santa Ana Canyon Rd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"OCHALLLEA", "ListOfficeCity":"Anaheim", "ListOfficeCountry":"US", "ListOfficeEmail":"emarketing@firstteam.com", "ListOfficePostalCode":"92808", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Contemporary, Apartment - Santa Ana, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1015-N-Parton-St_Santa-Ana_CA_92701_M17072-31076?f=listhub&s=MRMLSCA&m=PW25050495&c=rexren", "MLSModificationTimestamp":"2025-03-11T20:12:46Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/22/2025 3:33:54 PM GMT
Source Updated Date: 5/7/2025 6:49:13 AM GMT

Courtesy of: Mike Shahbazi, First Team Real Estate, ShahbaziTeam@gmail.com

Copyright 漏 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.