CA > Santa Ana
Santa Ana, CA 92701,1015 N Parton ST
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 3,145,900
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1015 N Parton ST Santa Ana, CA 92701

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25050495

HOA Y/N No

Year Built 1987

Property Sub-Type Apartment

Property Description

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!!

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Zoning R-2

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Unfurnished, Main Level Primary

Cooling Wall/Window Unit(s)

Flooring Tile

Fireplaces Type None

Fireplace No

Appliance Gas Range, Range Hood

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Assigned, Concrete, Covered

Garage Spaces 10.0

Garage Description 10.0

Fence Wrought Iron

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Accessibility None

Total Parking Spaces 10

Private Pool No

Building

Lot Description Front Yard, Landscaped, Near Public Transit

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 39853304

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Energy Description 27.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Mike Shahbazi First Team Real Estate 714-928-4951
Rick Lee

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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1015 N Parton ST

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