1015 Parton Street, Santa Ana, CA 92701
  • MLS#: PW25050495 ( Apartment )
  • Street Address: 1015 Parton Street
  • Viewed: 7
  • Price: $3,345,900
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1987
  • Bldg sqft: 0
  • Days On Market: 47
  • Additional Information
  • County: ORANGE
  • City: Santa Ana
  • Zipcode: 92701
  • Subdivision: Other (othr)
  • Provided by: First Team Real Estate
  • Contact: Mike Mike
  • California Regional MLS IDX
  • DMCA Notice
  • 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!!
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Features
Accessibility Features
  1. None
Appliances
  1. Gas Range
  2. Range Hood
Architectural Style
  1. Contemporary
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 7500.00
Cable Tv Expense
  1. 0.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 21
Current Financing
  1. Assumable
Electric
  1. Standard
Electric Expense
  1. 53.00
Fencing
  1. Wrought Iron
Fireplace Features
  1. None
Flooring
  1. Tile
Foundation Details
  1. Slab
Fuel Expense
  1. 27.00
Furniture Replacement Expense
  1. 100.00
Garage Rental Rate
  1. 0.00
Garage Spaces
  1. 10.00
Gardner Expense
  1. 0.00
Insurance Expense
  1. 500.00
Interior Features
  1. Ceiling Fan(s)
  2. Open Floorplan
  3. Unfurnished
Laundry Equipment Own Lease
  1. Lease
Laundry Features
  1. Community
  2. Individual Room
Levels
  1. Three Or More
Lockboxtype
  1. None
  2. See Remarks
Lot Features
  1. Front Yard
  2. Landscaped
  3. Lot 6500-9999
  4. Near Public Transit
Netoperatingincome
  1. 14945.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Number Wallac
  1. 10
Number With Range
  1. 10
Otherincome1
  1. 0.00
Otherincome2
  1. 0.00
Parcel Number
  1. 39853304
Parking Features
  1. Assigned
  2. Covered
  3. Concrete
Pool Expense
  1. 0.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Security Features
  1. Automatic Gate
  2. Carbon Monoxide Detector(s)
  3. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 433654356:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Other
Suppliesexpense
  1. 0.00
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalactualrent
  1. 18650.00
Totalexpenses
  1. 1945.00
Trash Expense
  1. 364.00
Uncovered Spaces
  1. 0.00
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
Vacancyallowance
  1. 1900
View
  1. None
Water Sewer Expense
  1. 860.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 0.00
Year Built
  1. 1987
Year Built Source
  1. Assessor
Zoning
  1. R-2