$2,200,000

1027 N Parton Street, Santa Ana, CA 92701

7,800 sqft

other
Built in 1959
9,148sqft lot
—— car garage
$282/sqft
Listed 2 days ago

Property Description

Opportunity to acquire a 9-unit multifamily asset in central Orange County, featuring spacious one- and two-bedroom units averaging 867 SF. With rents resettable to market upon vacancy under Santa Ana Rent Control, the property is positioned to exceed a 7% market cap rate. Located in an Opportunity Zone with recent capital improvements including a new roof, updated windows, and a passed SB 721 inspection. Community amenities include on-site laundry and 9 garage spaces. Conveniently located near the 5 Freeway, N. Flower St., and W. Washington Ave.

Listing Status:: Active
Date Added:: April 13, 2026
Data Last Updated:: April 15, 2026 at 7:09PM
Listing Office:: CB Richard Ellis, Inc. :
Listing Agent:: Daniel Blackwell : 949-423-6111
MLS ID:: CL26713283

A/C: None
Heating: None

Parking: OtherUncovered Parking Space

County: Orange

Zoning: 39853301

This listing courtesy of Daniel Blackwell , CB Richard Ellis, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Heroes Elementary School

1111 W Civic Center Dr, Santa Ana, CA, 92703

Grades KG-5

0.46 miles away

Frances E. Willard Intermediate School

1342 N Ross St, Santa Ana, CA, 92706

Grades 6-8

0.15 miles away

Santa Ana High School

520 W Walnut St, Santa Ana, CA, 92701

Grades 9-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.