1015 N Parton ST Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92701
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $432
Subdivision Other (Othr)
MLS Listing ID PW25050495
Style Contemporary
HOA Y/N No
Year Built 1987
Lot Size 8,712 Sqft
Acres 0.2
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 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
Rooms
Other Rooms Entry,Great Room,Kitchen,Living Room,Main Floor Primary Bedroom,Primary Bathroom
Interior
Interior Features Ceiling Fan(s),Open Floorplan,Unfurnished
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Appliance Gas Range,Range Hood
Laundry Community,Individual Room
Exterior
Exterior Feature Lighting
Parking Features Assigned,Covered,Concrete
Garage Spaces 10.0
Fence Wrought Iron
Pool None
Community Features Curbs,Gutters,Sidewalks,Street Lights,Urban
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View None
Handicap Access None
Private Pool No
Building
Lot Description Front Yard,Landscaped,Lot 6500-9999,Near Public Transit
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Security Features Automatic Gate,Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Assumable
Listing Terms Assumable
Financing Assumable
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS Cash,Cash To Existing Loan,Cash To New Loan,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Sean Shahbazi
SHOW CONTACT PH 714-767-3501
SHOW INSTRUCTIONS DO NOT DISTURB TENANTS! DRIVE BY ONLY! WRITE OFFERS SUBJECT TO INTERIOR INSPECTION. CALL MIKE AT 714-928-4951 OR SEAN AT 714-767-3501. SUBMIT OFFERS TO SEANSHAHBAZI@GMAIL.COM AND CC SHAHBAZITEAM@GMAIL.COM. MAKE SURE YOU INCLUDE YOUR CLIENT'S PROOF OF FUNDS AND PREAPPROVAL LETTER IF APPLICABLE.