About This Home

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.

Getting Around

Very Walkable

Good Transit

Bikeable

Schools

3/10

Heroes Elementary SchoolGrades K-50.5 mi

1/10

Willard Intermediate SchoolGrades 6-80.1 mi

3/10

Santa Ana High SchoolGrades 9-120.7 mi

Construction

Condition

Year built: 1959

Type & Style

Home type: MultiFamily
Property subType: Multi Family

Interior

Bedrooms & Bathrooms

Bedrooms: 13
Bathrooms: 10

Heating & Cooling

Heating features: None
Cooling features: None

Interior Area

Total structure area: 7,800
Total interior livable area: 7,800 sqft

Property

Details

Special condition: Standard
Other equipment: None

Features

Levels: Multi/Split
Stories: 2

Lot

Lot size: 8,842 sqft

Parking

Total spaces: 9
Parking features: Garage,Open
Has garage: Yes
Attached garage spaces: 9
Covered spaces: 9
Has uncovered spaces: Yes

1027 N Parton St, Santa Ana, CA, 92701