1015 N Parton Street, Santa Ana, CA 92701 - Berkshire Hathaway HomeServices California Properties

1015 N Parton Street, Santa Ana, CA 92701

$3,345,900 Approx. USD 0 beds, 0 baths

Listing Agent


Mike Shahbazi | ShahbaziTeam@gmail.com
Lic#: 00986527
Broker: Courtesy of First Team Real Estate

Co Listing Agent


Sean Shahbazi | seanshahbazi@gmail.com
Lic#: 01352551
Broker: Courtesy of First Team Real Estate

Agent Remarks

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!!

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW25050495
Price: $3,345,900
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1987
0.20 acres
Lot size: 0.2000
Subdivision: Other
County: Orange
Property style: Contemporary
Zoning: R-2
Interior features: Ceiling Fan(s),Open Floorplan,Unfurnished,Main Level Primary
Exterior features: Lighting
Appliances: Gas Range,Range Hood
Parking description: Assigned,Concrete,Covered
Lot description: Front Yard,Landscaped,Near Public Transit
Heating/cooling: Wall/Window Unit(s)
MLS area: 70 - Santa Ana North of First

Last Updated: 6/21/2025

 Days On Market (DOM): 110

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This listing belongs to the 70 - Santa Ana North of First MLS area

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The style of this listing is Contemporary.
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Lat/Long: 33.754212, -117.874340.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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