1015 N Parton Street
Santa Ana, CA 92701
- – beds
- – baths
- – sqft
- 8,712 sqft lot
- 1987 build
- – on site
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!
Last checked:
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Last updated Mar 12, 2025
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MLS# PW25050495 —
The Building
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Year Built:1987
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:7500.00
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Building Area Units:Square Feet
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Total Number Of Units:10
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# of Buildings:1
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Architectural Style:Contemporary
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Foundation:Slab
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Exterior Features:Lighting
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Stories Total:3
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Entry Level:1
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Accessibility Features:None
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:10
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# of Separate Water Meters:1
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# of Separate Electric Meters:10
Interior
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Features:Ceiling Fan(s), Open Floorplan, Unfurnished
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Levels:Three Or More
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Entry Location:1
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Flooring:Tile
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Room Type:Entry, Great Room, Kitchen, Living Room, Main Floor Primary Bedroom, Primary Bathroom
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Number Wall AC:10
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Fireplace:No
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Fireplace:None
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Laundry:Community, Individual Room
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Laundry:1
Location
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Directions:From Civic Center Drive, go north on Parton past 10th St. This terrific opportunity will be the 3rd on your right.
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Latitude:33.75421200
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Longitude:-117.87434000
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:R-2
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Lot Features:Front Yard, Landscaped, Lot 6500-9999, Near Public Transit
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Lot Size Area:8712.0000
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Lot Size Acres:0.2000
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Lot Size SqFt:8712.00
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Lot Size Source:Assessor
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View:None
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Fencing:Wrought Iron
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Fence:Yes
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Security Features:Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
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Road Frontage:City Street
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:3
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Tax Census Tract:750.03
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Tax Tract:93
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Tax Lot:7
The Listing
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Special Listing Conditions:Standard
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Parcel Number:39853304
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
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Sewer:Public Sewer
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Electric:Standard
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Water Source:Public
Appliances
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Appliances:Gas Range, Range Hood
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Included:Yes
The Community
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Subdivision:Other (OTHR)
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Subdivision:Other
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Features:Curbs, Gutters, Sidewalks, Street Lights, Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Assigned, Covered, Concrete
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Parking Spaces:10.00
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Garage Spaces:10.00
Extra Units
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Average 1 Bed Area:725
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/11/25
Mar 11, 2025
|
Listed / Active | CRMLS_CA | $3,345,900 | 7.1% (6.1% / YR) |
1/16/24
Jan 16, 2024
|
CRMLS_CA | $3,125,000 | -0.8% | |
1/10/24
Jan 10, 2024
|
CRMLS_CA | $3,150,000 |