Santa Ana, CA 92701,1009 N Parton ST
Santa Ana, CA 92701,1009 N Parton ST
Santa Ana, CA 92701,1009 N Parton ST
$1,192,558
Est. payment /mo
$1,195,000
0.2%
Est.Price: ?

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7,801 Sqft Lot
SOLD DATE : 02/23/2022

Key Details

Sold Price $1,192,558

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Other (Othr)

MLS Listing ID PW21135215

Sold Date 02/23/22

HOA Y/N No

Year Built 1967

Lot Size 7,801 Sqft

Property Description

The Parton Street 4-plex apartments are a well located 4-plex in Santa Ana which are within walking distance of Orange County Superior Court, Orange County Public Health, Santa Ana City Hall and a host of other county related employment venues. The subject property features detached structures which were built in 1967 and 1996 respectively and the exterior is constructed almost completely of stucco, which limits exterior repair cost down the road. The buildings sit atop a large 7,802 square foot which is enclosed by a wooden fence creating added privacy for the residents. The apartments are occupied by long term tenants who enjoy the spacious apartments, a fenced yard area, enclosed garage parking (3 double car garages), an onsite laundry facility, and individual hot water heaters. The rare combination of being located near desirable county based employment, tenant amenities, and quality of construction will allow the Parton 4-plex apartments to be a sought after rental destination with a low cost of ownership for years to come. Income, Cap rate and GRM numbers are based on proforma rents. Actual rents are below market levels.

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Garage Faces Rear

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 39853305

Energy Description 390.0

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Freddie Mac, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Freddie Mac, VA Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Arp • Morgan Skenderian
Bought with Farzan Parvizi • First Team Real Estate

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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