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
MLS Listing ID PW25050495
HOA Y/N No
Year Built 1987
Lot Size 8,712 Sqft
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
Interior
Interior Features Ceiling Fan(s),Open Floorplan,Unfurnished,Main Level Primary
Cooling Wall/Window Unit(s)
Flooring Tile
Fireplaces Type None
Fireplace No
Appliance Gas Range,Range Hood
Laundry Common Area,Laundry Room
Exterior
Exterior Feature Lighting
Parking Features Assigned,Concrete,Covered
Garage Spaces 10.0
Garage Description 10.0
Fence Wrought Iron
Pool None
Community Features Curbs,Gutter(s),Street Lights,Sidewalks,Urban
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
View Y/N No
View None
Accessibility None
Total Parking Spaces 10
Private Pool No
Building
Lot Description Front Yard,Landscaped,Near Public Transit
Story 3
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 39853304
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Energy Description 27.0
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Special Listing Condition Standard