1009 N Parton Street
Santa Ana, CA 92701

  • – beds
  • – baths
  • – sqft
  • 7,802 sqft lot
  • 1967 build
  • on site

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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.

California Regional MLS logo Listed By CRMLS_CA / Michael Arp / Morgan Skenderian

Last checked: Checking… • Last updated Aug 21, 2023 •

MLS# PW21135215 —

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Sale history

Date Event Source Price % Change
2/23/22
Sold CRMLS_CA $1,192,558 -0.2%
2/7/22
Pending CRMLS_CA $1,195,000
8/31/21
Price Changed CRMLS_CA $1,195,000 -4.0%

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Multifamily Sold on 2/23/2022

$1,192,558

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Listing provided by broker:

Michael Arp

Morgan Skenderian

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Morgan Skenderian. Based on information from California Regional Multiple Listing Service, Inc. as of 23:57 on May 13.

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