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.
|
DAYS ON MARKET
|
246
|
LAST UPDATED
|
2/23/2022
|
|
TRACT
|
Other (OTHR)
|
YEAR BUILT
|
1967
|
|
COMMUNITY
|
Santa Ana North of First
|
GARAGE SPACES
|
6.0
|
|
COUNTY
|
Orange
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AREA |
Santa Ana North of First |
| GARAGE |
Garage Faces Rear, Yes |
| HOA DUES |
0 |
| LOT |
7802 sq ft |
| LOT DESCRIPTION |
Rectangular Lot |
| PARKING |
Garage Faces Rear |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Other (OTHR) |
| WATER |
Public |
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Listed with Morgan Skenderian
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/24 9:29 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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