1027 N Parton Street, Santa Ana, CA 92701
List Price: $2.2M
Listing Status: Active
0Days on Market: 0
13 Bedrooms · 10 Bathrooms · 7,800 sq ft
Property Type: ResidentialIncome
Year Built: 1959
Lot Size: 8,945 sq ft
Garage Spaces: 9
MLS Number: 26713283
About This Property
Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.