1015 N Parton Street, Santa Ana, CA 92701
- $3,125,000
- Sold Price
- $3,125,000
- List Price
- $3,150,000
- Closing Date
- Jan 16, 2024
- Status
- CLOSED
- MLS#
- OC23136017
- Year Built
- 1987
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 94
- Property Type
- Multifamily
- Style
- Spanish
- Property Sub Type
- Apartment
- Stories
- Three Or More Levels
- Neighborhood
- Flower Park
Property Description
Exceptional 10-Unit Investment with an **(ASSUMABLE LOAN 3.83%)** in Prime Location! Discover a fantastic investment opportunity, just a short walk away from the renowned Orange County School of the Performing Arts, Orange County Superior Court house, and Santa Ana City Hall. This property, offers secure electronic subterranean parking spaces for every unit, ensuring convenience and safety for residents. Each apartment features a large private patio, new windows, sliding glass doors, A/C, and individual hot water heaters, providing modern amenities that tenants will love. With all units fully occupied, you can enjoy a stable and reliable income stream from day one. The property also benefits from separately metered gas and electricity, giving tenants control over their utility usage and making it a desirable choice for renters. On-site laundry facilities further enhance the convenience factor for residents, making it a sought-after living space. Moreover, its proximity to schools, public transportation options, retail centers, and numerous employment opportunities adds to its appeal, promising a steady demand for years to come.
/u.realgeeks.media/ericengelbert/Realtor-Orange-County.png)
Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- City Lights
- Exterior Construction
- Stucco
- Roof
- Flat, Tile
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Granite Counters, Open Floorplan, Tile Counters, All Bedrooms Down, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 10
- Gross Scheduled Income
- $218,400
- Operating Expense
- 58048
Listing courtesy of Listing Agent: Shelly Kay Hilliard (shelly.hilliard@camoves.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Mike Shahbazi from First Team Real Estate
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.